KCM Investment Advisors LLC Decreases Holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

KCM Investment Advisors LLC cut its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOMGet Rating) by 67.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,618 shares of the company’s stock after selling 15,715 shares during the quarter. KCM Investment Advisors LLC owned approximately 0.05% of Fidelity MSCI Communication Services Index ETF worth $237,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 3rd quarter worth about $34,000. Romano Brothers AND Company purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter worth about $37,000. Boenning & Scattergood Inc. purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter worth about $219,000. Prudential Financial Inc. increased its holdings in Fidelity MSCI Communication Services Index ETF by 38.8% in the 1st quarter. Prudential Financial Inc. now owns 5,135 shares of the company’s stock worth $233,000 after acquiring an additional 1,435 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in Fidelity MSCI Communication Services Index ETF in the 1st quarter worth about $242,000.

Fidelity MSCI Communication Services Index ETF Stock Performance

Shares of FCOM opened at $37.31 on Friday. The business has a 50-day moving average of $35.53 and a 200 day moving average of $33.58. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $29.70 and a fifty-two week high of $44.58. The firm has a market cap of $542.90 million, a P/E ratio of 12.69 and a beta of 0.97.

Fidelity MSCI Communication Services Index ETF Profile

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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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Institutional Ownership by Quarter for Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

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