Yoder Wealth Management Inc. Has $2.66 Million Stock Holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM)

Yoder Wealth Management Inc. boosted its holdings in shares of Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 1.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 53,687 shares of the company’s stock after buying an additional 961 shares during the period. Fidelity MSCI Communication Services Index ETF makes up approximately 1.7% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 19th largest position. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Communication Services Index ETF were worth $2,661,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Maltin Wealth Management Inc. grew its stake in Fidelity MSCI Communication Services Index ETF by 4.2% in the first quarter. Maltin Wealth Management Inc. now owns 53,060 shares of the company’s stock valued at $2,630,000 after purchasing an additional 2,136 shares in the last quarter. Sunbelt Securities Inc. raised its position in Fidelity MSCI Communication Services Index ETF by 25.6% during the first quarter. Sunbelt Securities Inc. now owns 2,349 shares of the company’s stock valued at $116,000 after acquiring an additional 479 shares in the last quarter. Atlas Capital Advisors LLC lifted its stake in Fidelity MSCI Communication Services Index ETF by 33.8% in the first quarter. Atlas Capital Advisors LLC now owns 53,670 shares of the company’s stock valued at $2,660,000 after acquiring an additional 13,547 shares during the last quarter. American National Bank grew its position in Fidelity MSCI Communication Services Index ETF by 57.1% in the first quarter. American National Bank now owns 1,277 shares of the company’s stock worth $63,000 after acquiring an additional 464 shares in the last quarter. Finally, Lynch & Associates IN grew its position in Fidelity MSCI Communication Services Index ETF by 8.2% in the first quarter. Lynch & Associates IN now owns 22,927 shares of the company’s stock worth $1,136,000 after acquiring an additional 1,746 shares in the last quarter.

Fidelity MSCI Communication Services Index ETF Price Performance

Shares of FCOM stock traded up $0.09 on Wednesday, hitting $52.52. The company’s stock had a trading volume of 128,270 shares, compared to its average volume of 97,925. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 26.44 and a beta of 1.22. Fidelity MSCI Communication Services Index ETF has a fifty-two week low of $37.86 and a fifty-two week high of $52.93. The firm’s fifty day moving average price is $50.59 and its 200-day moving average price is $48.54.

About Fidelity MSCI Communication Services Index ETF

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.