Regal Investment Advisors LLC Acquires 1,832 Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Regal Investment Advisors LLC lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 18.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,769 shares of the company’s stock after purchasing an additional 1,832 shares during the period. Regal Investment Advisors LLC’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $953,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. AE Wealth Management LLC increased its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 84.6% during the 2nd quarter. AE Wealth Management LLC now owns 380,226 shares of the company’s stock worth $30,802,000 after purchasing an additional 174,307 shares during the period. AGF Management Ltd. increased its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 204,413 shares of the company’s stock valued at $16,559,000 after buying an additional 31,727 shares during the period. Monumental Financial Group Inc. raised its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 9.8% in the first quarter. Monumental Financial Group Inc. now owns 183,655 shares of the company’s stock valued at $15,148,000 after acquiring an additional 16,443 shares in the last quarter. Vicus Capital grew its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 2.4% during the 1st quarter. Vicus Capital now owns 177,280 shares of the company’s stock worth $14,622,000 after acquiring an additional 4,175 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 18.1% during the first quarter. Osaic Holdings Inc. now owns 105,863 shares of the company’s stock valued at $8,742,000 after purchasing an additional 16,241 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.6 %

Shares of NYSEARCA:FDIS opened at $87.90 on Wednesday. The firm has a 50 day moving average of $82.77 and a 200 day moving average of $81.25. The company has a market capitalization of $1.54 billion, a price-to-earnings 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.