KCM Investment Advisors LLC Sells 316 Shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

KCM Investment Advisors LLC lowered its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,544 shares of the company’s stock after selling 316 shares during the period. KCM Investment Advisors LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $416,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. CX Institutional grew its stake in shares of 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 worth $917,000 after buying an additional 3,202 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of 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 worth $82,000 after buying an additional 1,477 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of 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 worth $962,000 after buying an additional 2,525 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter worth approximately $209,000. Finally, Lynch & Associates IN grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 2.7% in the 2nd quarter. Lynch & Associates IN now owns 23,552 shares of the company’s stock worth $1,230,000 after buying an additional 625 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Down 2.0 %

Fidelity MSCI Communication Services Index ETF stock opened at $57.10 on Friday. The company has a market capitalization of $1.23 billion, a P/E ratio of 26.44 and a beta of 1.22. The stock’s 50 day moving average is $55.28 and its 200 day moving average is $52.70. Fidelity MSCI Communication Services Index ETF has a twelve month low of $41.72 and a twelve month high of $59.14.

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.