NewEdge Advisors LLC Sells 2,693 Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

NewEdge Advisors LLC lowered its position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 11.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,213 shares of the company’s stock after selling 2,693 shares during the period. NewEdge Advisors LLC owned about 0.12% of Fidelity MSCI Consumer Discretionary Index ETF worth $2,067,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Regal Investment Advisors LLC boosted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 12.2% during the fourth quarter. Regal Investment Advisors LLC now owns 16,367 shares of the company’s stock worth $1,595,000 after purchasing an additional 1,777 shares during the period. KDK Private Wealth Management LLC bought a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at approximately $1,619,000. Raymond James Financial Inc. purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter worth approximately $2,656,000. Advisory Services Network LLC grew its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 16.3% in the 4th quarter. Advisory Services Network LLC now owns 46,015 shares of the company’s stock worth $4,485,000 after buying an additional 6,449 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter valued at approximately $458,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 3.3 %

Shares of FDIS stock opened at $79.84 on Wednesday. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 24.00 and a beta of 1.35. The stock has a fifty day moving average of $86.23 and a 200 day moving average of $92.58. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $73.19 and a 52 week high of $104.41.

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.