Jacobs Equity LLC Buys New Shares in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Jacobs Equity LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 13,466 shares of the company’s stock, valued at approximately $1,376,000. Fidelity MSCI Consumer Discretionary Index ETF makes up about 1.3% of Jacobs Equity LLC’s investment portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 26.7% in the fourth quarter. AE Wealth Management LLC now owns 966,605 shares of the company’s stock valued at $98,748,000 after acquiring an additional 203,947 shares during the last quarter. Bellwether Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth about $20,424,000. Lido Advisors LLC raised its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 9.0% in the 3rd quarter. Lido Advisors LLC now owns 1,482,404 shares of the company’s stock valued at $152,495,000 after purchasing an additional 122,734 shares during the period. Assetmark Inc. raised its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 43.2% in the 4th quarter. Assetmark Inc. now owns 212,089 shares of the company’s stock valued at $21,667,000 after purchasing an additional 64,014 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $5,786,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

Shares of NYSEARCA:FDIS opened at $102.11 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a 52-week low of $89.95 and a 52-week high of $107.45. The company has a market capitalization of $1.78 billion, a P/E ratio of 25.42 and a beta of 1.23. The company has a 50-day simple moving average of $101.47 and a 200 day simple moving average of $100.92.

Fidelity MSCI Consumer Discretionary Index ETF 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.