AGF Management Ltd. lowered its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM – Free Report) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 559,196 shares of the company’s stock after selling 114,803 shares during the quarter. AGF Management Ltd.’s holdings in Fidelity MSCI Communication Services Index ETF were worth $32,825,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC bought a new position in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at about $32,000. Decker Retirement Planning Inc. bought a new stake in Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at approximately $34,000. Farther Finance Advisors LLC boosted its position in Fidelity MSCI Communication Services Index ETF by 8,688.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,494 shares of the company’s stock valued at $82,000 after acquiring an additional 1,477 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at approximately $201,000. Finally, J.W. Cole Advisors Inc. bought a new stake in Fidelity MSCI Communication Services Index ETF during the 4th quarter valued at approximately $210,000.
Fidelity MSCI Communication Services Index ETF Stock Performance
Fidelity MSCI Communication Services Index ETF stock opened at $56.86 on Wednesday. The stock’s 50 day simple moving average is $61.08 and its two-hundred day simple moving average is $58.08. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $46.37 and a fifty-two week high of $64.25. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 22.38 and a beta of 1.05.
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.
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