Court Place Advisors LLC Has $946,000 Stock Position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Court Place Advisors LLC cut its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,110 shares of the company’s stock after selling 600 shares during the quarter. Court Place Advisors LLC owned 0.07% of Fidelity MSCI Communication Services Index ETF worth $946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of FCOM. Grimes & Company Inc. bought a new position in Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at $366,000. CX Institutional lifted its position in shares of Fidelity MSCI Communication Services Index ETF by 65.8% during the fourth quarter. CX Institutional now owns 27,608 shares of the company’s stock valued at $1,621,000 after purchasing an additional 10,960 shares in the last quarter. Sound Income Strategies LLC purchased a new position in Fidelity MSCI Communication Services Index ETF during the fourth quarter worth about $32,000. Secure Asset Management LLC bought a new stake in Fidelity MSCI Communication Services Index ETF in the 4th quarter worth about $261,000. Finally, Janney Montgomery Scott LLC increased its stake in Fidelity MSCI Communication Services Index ETF by 4.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 64,496 shares of the company’s stock valued at $3,786,000 after buying an additional 2,703 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Trading Down 0.1 %

Shares of Fidelity MSCI Communication Services Index ETF stock opened at $61.69 on Tuesday. Fidelity MSCI Communication Services Index ETF has a 12 month low of $46.22 and a 12 month high of $62.11. The firm has a market capitalization of $1.33 billion, a P/E ratio of 26.44 and a beta of 1.22. The business’s fifty day simple moving average is $59.66 and its 200 day simple moving average is $55.76.

Fidelity MSCI Communication Services Index ETF 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.