Envestnet Asset Management Inc. trimmed its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Free Report) by 17.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 92,207 shares of the company’s stock after selling 19,171 shares during the period. Envestnet Asset Management Inc.’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $7,470,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter worth approximately $33,000. Gradient Investments LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter worth $50,000. American National Bank increased its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 82.5% during the 1st quarter. American National Bank now owns 666 shares of the company’s stock worth $55,000 after purchasing an additional 301 shares during the period. J.Safra Asset Management Corp purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter worth $78,000. Finally, International Assets Investment Management LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter worth $84,000.
Fidelity MSCI Consumer Discretionary Index ETF Stock Up 0.2 %
FDIS opened at $88.73 on Friday. The stock’s fifty day moving average is $82.59 and its two-hundred day moving average is $81.13. The company has a market capitalization of $1.56 billion, a P/E ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $64.12 and a 52 week 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.
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Want to see what other hedge funds are holding FDIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Free Report).
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