Exchange Capital Management Inc. Decreases Stock Holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Exchange Capital Management Inc. reduced its position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,648 shares of the company’s stock after selling 1,134 shares during the quarter. Exchange Capital Management Inc. owned approximately 0.17% of Fidelity MSCI Consumer Discretionary Index ETF worth $2,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the stock. Penobscot Wealth Management lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 8.8% during the third quarter. Penobscot Wealth Management now owns 34,605 shares of the company’s stock worth $3,061,000 after purchasing an additional 2,807 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 9.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 67,371 shares of the company’s stock worth $5,958,000 after acquiring an additional 5,869 shares during the period. Interchange Capital Partners LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 3rd quarter worth approximately $370,000. Farther Finance Advisors LLC boosted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 79,341.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,533 shares of the company’s stock worth $843,000 after purchasing an additional 9,521 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Fidelity MSCI Consumer Discretionary Index ETF by 14.9% in the 3rd quarter. Janney Montgomery Scott LLC now owns 29,681 shares of the company’s stock valued at $2,625,000 after acquiring an additional 3,851 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

NYSEARCA FDIS opened at $94.23 on Tuesday. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a 1-year low of $73.19 and a 1-year high of $104.41. The business’s fifty day moving average price is $99.33 and its 200-day moving average price is $92.44.

Fidelity MSCI Consumer Discretionary Index ETF Company 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.