Beaumont Financial Advisors LLC Decreases Stake in Fidelity MSCI Communication Services Index ETF $FCOM

Beaumont Financial Advisors LLC lowered its position in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 27.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,668 shares of the company’s stock after selling 7,889 shares during the period. Beaumont Financial Advisors LLC’s holdings in Fidelity MSCI Communication Services Index ETF were worth $1,467,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Kingswood Wealth Advisors LLC lifted its position in Fidelity MSCI Communication Services Index ETF by 944.3% in the third quarter. Kingswood Wealth Advisors LLC now owns 88,867 shares of the company’s stock valued at $6,307,000 after acquiring an additional 80,357 shares during the last quarter. Yoder Wealth Management Inc. increased its position in shares of Fidelity MSCI Communication Services Index ETF by 8.7% during the third quarter. Yoder Wealth Management Inc. now owns 82,870 shares of the company’s stock worth $5,881,000 after purchasing an additional 6,605 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 11.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 295,874 shares of the company’s stock valued at $20,998,000 after purchasing an additional 30,095 shares during the last quarter. Elm3 Financial Group LLC boosted its position in shares of Fidelity MSCI Communication Services Index ETF by 9.3% in the 3rd quarter. Elm3 Financial Group LLC now owns 7,940 shares of the company’s stock valued at $564,000 after purchasing an additional 677 shares during the period. Finally, American National Bank & Trust grew its stake in Fidelity MSCI Communication Services Index ETF by 11.5% during the 3rd quarter. American National Bank & Trust now owns 14,359 shares of the company’s stock worth $1,019,000 after buying an additional 1,481 shares during the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

FCOM stock opened at $73.53 on Friday. The company has a fifty day moving average price of $71.58 and a 200 day moving average price of $69.22. Fidelity MSCI Communication Services Index ETF has a 12 month low of $48.96 and a 12 month high of $73.87. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 19.08 and a beta of 1.06.

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.