Smith Salley Wealth Management Cuts Stock Holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Smith Salley Wealth Management cut its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 5.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,781 shares of the company’s stock after selling 1,301 shares during the period. Smith Salley Wealth Management owned 0.14% of Fidelity MSCI Consumer Discretionary Index ETF worth $2,318,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Decker Retirement Planning Inc. acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth about $35,000. Larson Financial Group LLC acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth approximately $52,000. Benjamin Edwards Inc. purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $104,000. Venturi Wealth Management LLC lifted its position in Fidelity MSCI Consumer Discretionary Index ETF by 3,552.5% during the third quarter. Venturi Wealth Management LLC now owns 1,461 shares of the company’s stock valued at $129,000 after buying an additional 1,421 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the third quarter worth approximately $202,000.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 1.4 %

Shares of FDIS stock opened at $100.00 on Friday. The company has a market cap of $1.76 billion, a PE ratio of 25.20 and a beta of 1.32. The company’s fifty day simple moving average is $98.34 and its 200-day simple moving average is $89.32. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $73.19 and a 52 week high of $104.41.

Fidelity MSCI Consumer Discretionary Index ETF Profile

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.