Maltin Wealth Management Inc. Has $3.76 Million Stake in Fidelity MSCI Communication Services Index ETF $FCOM

Maltin Wealth Management Inc. grew its holdings in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 2.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 58,061 shares of the company’s stock after purchasing an additional 1,154 shares during the quarter. Fidelity MSCI Communication Services Index ETF comprises 1.7% of Maltin Wealth Management Inc.’s portfolio, making the stock its 19th biggest holding. Maltin Wealth Management Inc. owned approximately 0.23% of Fidelity MSCI Communication Services Index ETF worth $3,763,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Blair William & Co. IL boosted its stake in Fidelity MSCI Communication Services Index ETF by 100.0% during the 1st quarter. Blair William & Co. IL now owns 448 shares of the company’s stock valued at $25,000 after purchasing an additional 224 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter valued at approximately $26,000. Signature Resources Capital Management LLC acquired a new stake in shares of Fidelity MSCI Communication Services Index ETF in the second quarter worth $40,000. New Millennium Group LLC grew its stake in shares of Fidelity MSCI Communication Services Index ETF by 38.2% in the second quarter. New Millennium Group LLC now owns 727 shares of the company’s stock worth $47,000 after acquiring an additional 201 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in Fidelity MSCI Communication Services Index ETF by 14.4% during the second quarter. Harbour Investments Inc. now owns 1,595 shares of the company’s stock worth $103,000 after acquiring an additional 201 shares during the period.

Fidelity MSCI Communication Services Index ETF Price Performance

NYSEARCA:FCOM opened at $69.07 on Friday. Fidelity MSCI Communication Services Index ETF has a one year low of $48.96 and a one year high of $72.98. The company has a fifty day moving average price of $70.54 and a 200 day moving average price of $65.26. The stock has a market cap of $1.79 billion, a P/E ratio of 19.08 and a beta of 1.06.

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.