Fidelity MSCI Communication Services Index ETF $FCOM Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 20.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,759 shares of the company’s stock after selling 24,998 shares during the period. AE Wealth Management LLC owned 0.37% of Fidelity MSCI Communication Services Index ETF worth $6,725,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Crumly & Associates Inc. increased its position in shares of Fidelity MSCI Communication Services Index ETF by 1.3% during the 3rd quarter. Crumly & Associates Inc. now owns 125,591 shares of the company’s stock valued at $8,913,000 after purchasing an additional 1,658 shares during the period. Sovran Advisors LLC lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 21.6% in the third quarter. Sovran Advisors LLC now owns 7,606 shares of the company’s stock valued at $536,000 after buying an additional 1,350 shares during the period. Brandywine Oak Private Wealth LLC bought a new position in Fidelity MSCI Communication Services Index ETF during the third quarter valued at about $218,000. Live Oak Investment Partners boosted its stake in Fidelity MSCI Communication Services Index ETF by 4.7% during the third quarter. Live Oak Investment Partners now owns 16,713 shares of the company’s stock valued at $1,186,000 after buying an additional 749 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Fidelity MSCI Communication Services Index ETF by 24.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,626 shares of the company’s stock worth $814,000 after acquiring an additional 2,316 shares during the period.

Fidelity MSCI Communication Services Index ETF Trading Down 0.5%

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $75.45 on Friday. Fidelity MSCI Communication Services Index ETF has a 52 week low of $48.96 and a 52 week high of $75.94. The stock has a market cap of $1.98 billion, a PE ratio of 19.08 and a beta of 1.06. The company’s 50-day moving average price is $73.00 and its two-hundred day moving average price is $70.28.

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.