Yoder Wealth Management Inc. Raises Holdings in Fidelity MSCI Communication Services Index ETF $FCOM

Yoder Wealth Management Inc. boosted its stake in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 8.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 105,800 shares of the company’s stock after acquiring an additional 8,110 shares during the quarter. Fidelity MSCI Communication Services Index ETF comprises 3.3% of Yoder Wealth Management Inc.’s holdings, making the stock its 3rd biggest position. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Communication Services Index ETF were worth $7,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC raised its position in shares of Fidelity MSCI Communication Services Index ETF by 128.0% during the 1st quarter. NewEdge Advisors LLC now owns 9,354 shares of the company’s stock worth $526,000 after buying an additional 5,251 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 155.9% in the second quarter. JPMorgan Chase & Co. now owns 20,710 shares of the company’s stock valued at $1,342,000 after acquiring an additional 12,617 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF by 1,423.2% in the second quarter. Qube Research & Technologies Ltd now owns 4,920 shares of the company’s stock valued at $319,000 after acquiring an additional 4,597 shares in the last quarter. Quantinno Capital Management LP increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 25.9% during the second quarter. Quantinno Capital Management LP now owns 4,783 shares of the company’s stock valued at $310,000 after acquiring an additional 983 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Fidelity MSCI Communication Services Index ETF by 0.6% during the second quarter. Raymond James Financial Inc. now owns 49,361 shares of the company’s stock valued at $3,199,000 after acquiring an additional 278 shares during the period.

Fidelity MSCI Communication Services Index ETF Price Performance

Shares of NYSEARCA:FCOM opened at $68.28 on Friday. Fidelity MSCI Communication Services Index ETF has a 12 month low of $63.59 and a 12 month high of $75.94. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 19.08 and a beta of 1.04. The stock’s 50 day moving average price is $72.79 and its 200 day moving average price is $72.29.

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.