Fidelity MSCI Communication Services Index ETF $FCOM Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 99.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,464 shares of the company’s stock after selling 450,383 shares during the quarter. Park Avenue Securities LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $249,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Crumly & Associates Inc. boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 20.2% during the third quarter. Crumly & Associates Inc. now owns 169,314 shares of the company’s stock worth $12,192,000 after purchasing an additional 28,464 shares in the last quarter. Vertex Investment Solutions Co. Ltd. acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $6,268,000. American National Bank & Trust acquired a new position in shares of Fidelity MSCI Communication Services Index ETF in the 3rd quarter valued at $1,714,000. Independence Financial Advisors LLC grew its holdings in shares of Fidelity MSCI Communication Services Index ETF by 4.1% in the 3rd quarter. Independence Financial Advisors LLC now owns 193,054 shares of the company’s stock valued at $13,902,000 after buying an additional 7,616 shares during the period. Finally, Navellier & Associates Inc. bought a new stake in shares of Fidelity MSCI Communication Services Index ETF in the 2nd quarter valued at $3,141,000.

Fidelity MSCI Communication Services Index ETF Price Performance

FCOM opened at $66.81 on Monday. The stock has a market cap of $1.56 billion, a P/E ratio of 19.08 and a beta of 1.09. Fidelity MSCI Communication Services Index ETF has a 12 month low of $64.24 and a 12 month high of $75.94. The company has a fifty day simple moving average of $70.84 and a 200 day simple moving average of $71.46.

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.