Harel Insurance Investments & Financial Services Ltd. Acquires 155,067 Shares of Fidelity MSCI Communication Services Index ETF $FCOM

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 5.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,145,739 shares of the company’s stock after purchasing an additional 155,067 shares during the quarter. Fidelity MSCI Communication Services Index ETF makes up approximately 1.5% of Harel Insurance Investments & Financial Services Ltd.’s holdings, making the stock its 21st biggest position. Harel Insurance Investments & Financial Services Ltd. owned 13.27% of Fidelity MSCI Communication Services Index ETF worth $214,288,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Simplex Trading LLC grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 80.9% in the fourth quarter. Simplex Trading LLC now owns 360 shares of the company’s stock valued at $26,000 after purchasing an additional 161 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Fidelity MSCI Communication Services Index ETF by 170.9% during the third quarter. Russell Investments Group Ltd. now owns 512 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares in the last quarter. Larson Financial Group LLC purchased a new stake in Fidelity MSCI Communication Services Index ETF during the third quarter valued at $41,000. Global Retirement Partners LLC lifted its position in Fidelity MSCI Communication Services Index ETF by 286.7% during the fourth quarter. Global Retirement Partners LLC now owns 727 shares of the company’s stock valued at $53,000 after purchasing an additional 539 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in Fidelity MSCI Communication Services Index ETF by 20.6% during the third quarter. IFP Advisors Inc now owns 843 shares of the company’s stock valued at $60,000 after purchasing an additional 144 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Up 0.2%

FCOM opened at $72.09 on Wednesday. The firm has a market cap of $1.84 billion, a P/E ratio of 19.08 and a beta of 1.05. Fidelity MSCI Communication Services Index ETF has a 12 month low of $63.90 and a 12 month high of $75.94. The stock has a 50-day moving average of $72.07 and a 200 day moving average of $72.15.

Fidelity MSCI Communication Services Index ETF Profile

The Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund that mostly invests in communication services equity. The fund tracks a market-cap-weighted index of stocks in the US communication services sector. FCOM was launched on Oct 21, 2013 and is managed by Fidelity.