Fidelity MSCI Communication Services Index ETF Price & Performance (FCOM)

Private Advisor Group LLC increased its holdings in Fidelity MSCI Communication Services Index ETF by 6.4% during Q4 2024, owning 4,482 shares valued at $263,000. Other institutional investors, including Sanctuary Advisors and Gimbal Financial, also adjusted their positions in the ETF, reflecting continued interest in the communication services sector.1

Atria Wealth Solutions Inc. decreased its stake in Fidelity MSCI Communication Services Index ETF by 25.7% in Q4 2024, selling 3,923 shares and retaining 11,352 shares worth $666,000. This adjustment aligns with broader institutional shifts in ETF allocations during the period.2

Alphabet’s planned $32 billion acquisition of cloud security firm Wiz could benefit ETFs like Fidelity MSCI Communication Services Index ETF and others exposed to cloud computing and cybersecurity sectors. The deal, pending regulatory approval, highlights Alphabet's strategic push into cloud security.34