Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,769 shares of the company’s stock after selling 568 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.14% of Fidelity MSCI Communication Services Index ETF worth $1,806,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter valued at $259,000. Farther Finance Advisors LLC boosted its position in Fidelity MSCI Communication Services Index ETF by 8,688.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after buying an additional 1,477 shares during the last quarter. CX Institutional boosted its position in Fidelity MSCI Communication Services Index ETF by 23.8% in the 3rd quarter. CX Institutional now owns 16,648 shares of the company’s stock valued at $917,000 after buying an additional 3,202 shares during the last quarter. GSA Capital Partners LLP boosted its position in Fidelity MSCI Communication Services Index ETF by 4.0% in the 3rd quarter. GSA Capital Partners LLP now owns 5,314 shares of the company’s stock valued at $293,000 after buying an additional 203 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Fidelity MSCI Communication Services Index ETF by 15.9% in the 2nd quarter. Cetera Investment Advisers now owns 18,428 shares of the company’s stock valued at $962,000 after buying an additional 2,525 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

NYSEARCA:FCOM opened at $63.33 on Wednesday. The firm has a 50-day moving average of $60.66 and a two-hundred day moving average of $56.61. The stock has a market cap of $1.36 billion, a P/E ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a 1-year low of $46.37 and a 1-year high of $63.95.

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.