Ellis Investment Partners LLC Has $1.27 Million Stock Holdings in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Ellis Investment Partners LLC cut its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,541 shares of the company’s stock after selling 225 shares during the period. Ellis Investment Partners LLC owned 0.07% of Fidelity MSCI Consumer Discretionary Index ETF worth $1,274,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Apollon Wealth Management LLC raised its stake in Fidelity MSCI Consumer Discretionary Index ETF by 2.2% in the second quarter. Apollon Wealth Management LLC now owns 106,915 shares of the company’s stock valued at $10,058,000 after buying an additional 2,275 shares during the period. Grimes & Company Inc. bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $278,000. Yoder Wealth Management Inc. raised its stake in Fidelity MSCI Consumer Discretionary Index ETF by 2.0% in the second quarter. Yoder Wealth Management Inc. now owns 42,187 shares of the company’s stock valued at $3,969,000 after buying an additional 828 shares during the period. Smith Salley Wealth Management raised its stake in Fidelity MSCI Consumer Discretionary Index ETF by 0.4% in the second quarter. Smith Salley Wealth Management now owns 24,274 shares of the company’s stock valued at $2,283,000 after buying an additional 105 shares during the period. Finally, Signature Resources Capital Management LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $48,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 3.0%

NYSEARCA:FDIS opened at $97.86 on Monday. The stock’s 50 day moving average price is $100.64 and its two-hundred day moving average price is $93.60. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 25.42 and a beta of 1.25. Fidelity MSCI Consumer Discretionary Index ETF has a 12-month low of $74.00 and a 12-month high of $104.75.

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.