Lynch & Associates IN Trims Stake in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Lynch & Associates IN lowered its stake in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 3.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,864 shares of the company’s stock after selling 554 shares during the period. Lynch & Associates IN’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $1,741,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. AE Wealth Management LLC increased its position in Fidelity MSCI Consumer Discretionary Index ETF by 84.6% in the second quarter. AE Wealth Management LLC now owns 380,226 shares of the company’s stock worth $30,802,000 after buying an additional 174,307 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 3,150.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 145,922 shares of the company’s stock worth $12,905,000 after acquiring an additional 141,433 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth approximately $4,422,000. AGF Management Ltd. lifted its holdings in 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 purchasing an additional 31,727 shares in the last quarter. Finally, Monumental Financial Group Inc. lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 13.2% during the third quarter. Monumental Financial Group Inc. now owns 245,274 shares of the company’s stock valued at $21,692,000 after purchasing an additional 28,540 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS stock traded down $0.80 on Friday, hitting $96.38. 65,930 shares of the stock traded hands, compared to its average volume of 90,442. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. The firm has a 50 day simple moving average of $97.49 and a two-hundred day simple moving average of $88.56. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $73.19 and a 52 week high of $104.41.

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.