Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Reaches New 1-Year High – Here’s What Happened

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $97.71 and last traded at $97.22, with a volume of 16514 shares trading hands. The stock had previously closed at $95.67.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 0.2 %

The business has a 50-day moving average of $89.62 and a 200-day moving average of $84.17. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several institutional investors and hedge funds have recently modified their holdings of FDIS. World Investment Advisors LLC raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 1.7% during the third quarter. World Investment Advisors LLC now owns 7,458 shares of the company’s stock valued at $660,000 after buying an additional 124 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter valued at about $1,967,000. Sunbelt Securities Inc. raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 7.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 8,045 shares of the company’s stock valued at $711,000 after acquiring an additional 576 shares in the last quarter. MML Investors Services LLC lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 97.2% in the 3rd quarter. MML Investors Services LLC now owns 9,297 shares of the company’s stock worth $822,000 after purchasing an additional 4,582 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Fidelity MSCI Consumer Discretionary Index ETF by 14.6% during the third quarter. Jane Street Group LLC now owns 29,805 shares of the company’s stock worth $2,636,000 after purchasing an additional 3,796 shares during the period.

About Fidelity MSCI Consumer Discretionary Index ETF

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.