Fidelity MSCI Telecommunication Services Index ETF (NYSEARCA:FCOM) Shares Bought by Exchange Capital Management Inc.

Exchange Capital Management Inc. raised its holdings in Fidelity MSCI Telecommunication Services Index ETF (NYSEARCA:FCOM) by 10.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,076 shares of the company’s stock after purchasing an additional 6,113 shares during the period. Exchange Capital Management Inc. owned about 0.60% of Fidelity MSCI Telecommunication Services Index ETF worth $2,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FCOM. Janney Montgomery Scott LLC bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the 1st quarter valued at approximately $203,000. XR Securities LLC bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the 1st quarter valued at approximately $328,000. Spinnaker Trust increased its holdings in shares of Fidelity MSCI Telecommunication Services Index ETF by 28.7% in the 1st quarter. Spinnaker Trust now owns 119,035 shares of the company’s stock valued at $3,804,000 after acquiring an additional 26,553 shares during the last quarter. Boston Private Wealth LLC bought a new stake in shares of Fidelity MSCI Telecommunication Services Index ETF in the 2nd quarter valued at approximately $5,115,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Fidelity MSCI Telecommunication Services Index ETF by 17.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 61,379 shares of the company’s stock valued at $1,962,000 after acquiring an additional 9,155 shares during the last quarter.

Shares of NYSEARCA FCOM opened at $34.16 on Friday. Fidelity MSCI Telecommunication Services Index ETF has a twelve month low of $26.70 and a twelve month high of $35.15. The firm has a 50 day moving average price of $33.81.

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Institutional Ownership by Quarter for Fidelity MSCI Telecommunication Services Index ETF (NYSEARCA:FCOM)

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