Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Reaches New 52-Week High at $85.35

Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $85.35 and last traded at $85.35, with a volume of 9770 shares changing hands. The stock had previously closed at $84.44.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. The firm has a fifty day moving average of $80.48 and a 200 day moving average of $79.57.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. American National Bank lifted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 284.2% in the 4th quarter. American National Bank now owns 365 shares of the company’s stock valued at $29,000 after purchasing an additional 270 shares during the last quarter. Eagle Bay Advisors LLC acquired a new position in Fidelity MSCI Consumer Discretionary Index ETF in the first quarter valued at about $33,000. Princeton Global Asset Management LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth about $43,000. Signaturefd LLC boosted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 27.8% during the fourth quarter. Signaturefd LLC now owns 606 shares of the company’s stock worth $48,000 after buying an additional 132 shares during the period. Finally, Atlanta Consulting Group Advisors LLC acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the first quarter valued at about $86,000.

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.