Independence Financial Advisors LLC Buys 8,027 Shares of Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Independence Financial Advisors LLC raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 131,483 shares of the company’s stock after purchasing an additional 8,027 shares during the quarter. Fidelity MSCI Consumer Discretionary Index ETF accounts for about 3.1% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Independence Financial Advisors LLC owned about 0.79% of Fidelity MSCI Consumer Discretionary Index ETF worth $12,453,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. American National Bank & Trust acquired a new position in Fidelity MSCI Consumer Discretionary Index ETF in the 3rd quarter valued at approximately $1,576,000. Congress Asset Management Co. acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth approximately $6,418,000. CX Institutional increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.0% during the third quarter. CX Institutional now owns 44,840 shares of the company’s stock valued at $4,247,000 after purchasing an additional 861 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 38.4% during the second quarter. Envestnet Asset Management Inc. now owns 33,871 shares of the company’s stock valued at $3,483,000 after purchasing an additional 9,400 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at $84,000.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.1%

FDIS stock traded up $0.12 during midday trading on Thursday, hitting $97.19. The stock had a trading volume of 84,798 shares, compared to its average volume of 103,214. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $89.95 and a 52 week high of $107.45. The stock has a 50-day simple moving average of $99.96 and a 200 day simple moving average of $100.07. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 25.42 and a beta of 1.26.

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.