Fidelity MSCI Telecommunication Services Index ETF (NYSEARCA:FCOM) Stock Price Up 0.2%

Shares of Fidelity MSCI Telecommunication Services Index ETF (NYSEARCA:FCOM) rose 0.2% during trading on Friday . The stock traded as high as $34.45 and last traded at $34.45, approximately 200 shares traded hands during mid-day trading. A decline of 100% from the average daily volume of 109,596 shares. The stock had previously closed at $34.39.

The business has a 50-day moving average price of $33.00.

A number of hedge funds have recently made changes to their positions in the business. Boston Private Wealth LLC bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the second quarter valued at approximately $5,115,000. Spinnaker Trust raised its position in shares of Fidelity MSCI Telecommunication Services Index ETF by 28.7% in the first quarter. Spinnaker Trust now owns 119,035 shares of the company’s stock valued at $3,804,000 after purchasing an additional 26,553 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Fidelity MSCI Telecommunication Services Index ETF by 17.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 61,379 shares of the company’s stock valued at $1,962,000 after purchasing an additional 9,155 shares during the period. Exchange Capital Management Inc. bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the first quarter valued at approximately $1,789,000. Finally, XR Securities LLC bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the first quarter valued at approximately $328,000.

Further Reading: Stochastic Momentum Index (SMI)

Receive News & Ratings for Fidelity MSCI Telecommunication Services Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Telecommunication Services Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.