Atria Wealth Solutions Inc. Has $666,000 Stock Holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Atria Wealth Solutions Inc. lowered its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 25.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,352 shares of the company’s stock after selling 3,923 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.05% of Fidelity MSCI Communication Services Index ETF worth $666,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FCOM. Q3 Asset Management acquired a new position in shares of Fidelity MSCI Communication Services Index ETF during the fourth quarter valued at about $11,358,000. Destiny Wealth Partners LLC acquired a new position in Fidelity MSCI Communication Services Index ETF during the 4th quarter worth approximately $10,501,000. Beckerman Institutional LLC acquired a new position in Fidelity MSCI Communication Services Index ETF during the 3rd quarter worth approximately $1,279,000. Meridian Wealth Management LLC acquired a new stake in Fidelity MSCI Communication Services Index ETF in the third quarter valued at approximately $808,000. Finally, VCI Wealth Management LLC increased its holdings in shares of Fidelity MSCI Communication Services Index ETF by 109.7% during the fourth quarter. VCI Wealth Management LLC now owns 23,031 shares of the company’s stock valued at $1,352,000 after acquiring an additional 12,050 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Stock Down 1.6 %

Shares of FCOM opened at $60.67 on Wednesday. The business’s fifty day moving average is $61.12 and its 200 day moving average is $57.50. Fidelity MSCI Communication Services Index ETF has a 12-month low of $46.37 and a 12-month high of $64.25. The stock has a market cap of $1.48 billion, a P/E ratio of 22.38 and a beta of 1.05.

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.