Independence Bank of Kentucky Sells 225 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Independence Bank of Kentucky cut its stake in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 17.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,080 shares of the company’s stock after selling 225 shares during the quarter. Independence Bank of Kentucky’s holdings in Fidelity MSCI Communication Services Index ETF were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter worth approximately $228,000. Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 10.1% in the 3rd quarter. Lido Advisors LLC now owns 1,544,241 shares of the company’s stock worth $61,322,000 after acquiring an additional 142,240 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 47.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,868 shares of the company’s stock worth $74,000 after acquiring an additional 597 shares during the last quarter. Lynch & Associates IN lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 6.0% in the 4th quarter. Lynch & Associates IN now owns 21,181 shares of the company’s stock worth $944,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 34.6% in the 4th quarter. Raymond James & Associates now owns 7,096 shares of the company’s stock worth $316,000 after acquiring an additional 1,824 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 0.8 %

Shares of FCOM traded down $0.41 during mid-day trading on Friday, reaching $52.23. The company’s stock had a trading volume of 36,880 shares, compared to its average volume of 95,628. The stock has a market cap of $1.12 billion, a PE ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 52 week low of $37.86 and a 52 week high of $52.93. The company’s fifty day moving average price is $50.45 and its two-hundred day moving average price is $48.34.

Fidelity MSCI Communication Services Index ETF Company 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.