Fidelity MSCI Communication Services Index ETF $FCOM Shares Bought by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. lifted its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 8.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 105,800 shares of the company’s stock after acquiring an additional 8,110 shares during the period. Fidelity MSCI Communication Services Index ETF accounts for 3.3% of Yoder Wealth Management Inc.’s portfolio, making the stock its 3rd biggest holding. Yoder Wealth Management Inc. owned about 0.44% of Fidelity MSCI Communication Services Index ETF worth $7,207,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FCOM. NewEdge Advisors LLC lifted its position in Fidelity MSCI Communication Services Index ETF by 128.0% in the 1st quarter. NewEdge Advisors LLC now owns 9,354 shares of the company’s stock valued at $526,000 after purchasing an additional 5,251 shares during the last quarter. JPMorgan Chase & Co. grew its position in Fidelity MSCI Communication Services Index ETF by 155.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 20,710 shares of the company’s stock worth $1,342,000 after purchasing an additional 12,617 shares during the last quarter. Qube Research & Technologies Ltd grew its position in Fidelity MSCI Communication Services Index ETF by 1,423.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 4,920 shares of the company’s stock worth $319,000 after purchasing an additional 4,597 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 25.9% in the second quarter. Quantinno Capital Management LP now owns 4,783 shares of the company’s stock valued at $310,000 after purchasing an additional 983 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Fidelity MSCI Communication Services Index ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 49,361 shares of the company’s stock valued at $3,199,000 after buying an additional 278 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Up 0.9%

FCOM opened at $68.28 on Friday. The business’s 50 day moving average is $72.79 and its 200-day moving average is $72.29. The stock has a market cap of $1.62 billion, a PE ratio of 19.08 and a beta of 1.04. Fidelity MSCI Communication Services Index ETF has a twelve month low of $63.59 and a twelve month high of $75.94.

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.