Gimbal Financial cut its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Free Report) by 74.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 6,781 shares of the company’s stock after selling 19,264 shares during the period. Gimbal Financial’s holdings in Fidelity MSCI Communication Services Index ETF were worth $374,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in FCOM. New Millennium Group LLC bought a new stake in Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $28,000. Pathway Financial Advisers LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 1st quarter worth about $34,000. Comerica Bank increased its position in Fidelity MSCI Communication Services Index ETF by 27.7% during the 1st quarter. Comerica Bank now owns 2,203 shares of the company’s stock worth $109,000 after buying an additional 478 shares during the period. Smithfield Trust Co grew its position in Fidelity MSCI Communication Services Index ETF by 72.2% during the first quarter. Smithfield Trust Co now owns 3,400 shares of the company’s stock worth $169,000 after buying an additional 1,425 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF during the 2nd quarter worth $209,000.
Fidelity MSCI Communication Services Index ETF Stock Up 1.9 %
Shares of NYSEARCA:FCOM traded up $1.07 during midday trading on Wednesday, hitting $57.55. The stock had a trading volume of 13,081 shares, compared to its average volume of 92,674. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $38.74 and a fifty-two week high of $57.55. The company has a market capitalization of $1.24 billion, a P/E ratio of 26.44 and a beta of 1.22. The company’s 50-day moving average price is $53.89 and its 200-day moving average price is $51.93.
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.
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