Fisher Asset Management LLC Grows Stock Position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Fisher Asset Management LLC increased its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 15.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,307 shares of the company’s stock after buying an additional 13,851 shares during the quarter. Fisher Asset Management LLC owned 0.59% of Fidelity MSCI Consumer Discretionary Index ETF worth $9,137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Larson Financial Group LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the third quarter worth about $52,000. Gradient Investments LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter worth approximately $50,000. J.Safra Asset Management Corp purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the second quarter valued at approximately $78,000. International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter worth approximately $84,000. Finally, Benjamin Edwards Inc. purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter worth $104,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

FDIS opened at $96.77 on Thursday. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. The firm’s fifty day moving average is $89.85 and its 200 day moving average is $84.26. Fidelity MSCI Consumer Discretionary Index ETF has a fifty-two week low of $73.16 and a fifty-two week high of $97.82.

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.