CX Institutional Cuts Stock Position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

CX Institutional cut its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 1.9% in the third quarter, Holdings Channel reports. The institutional investor owned 19,255 shares of the company’s stock after selling 372 shares during the quarter. CX Institutional’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $1,703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter valued at approximately $33,000. Gradient Investments LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $50,000. American National Bank increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 82.5% in the first quarter. American National Bank now owns 666 shares of the company’s stock valued at $55,000 after buying an additional 301 shares in the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $78,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $84,000.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Fidelity MSCI Consumer Discretionary Index ETF stock opened at $87.21 on Wednesday. The business has a 50 day simple moving average of $84.05 and a 200-day simple moving average of $81.62. The stock has a market capitalization of $1.53 billion, a PE ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $64.12 and a 12 month high of $89.09.

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.