Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Reaches New 12-Month High at $87.79

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $87.79 and last traded at $87.79, with a volume of 37508 shares trading hands. The stock had previously closed at $87.08.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

The firm has a market capitalization of $1.54 billion, a P/E ratio of 25.20 and a beta of 1.32. The stock’s fifty day simple moving average is $82.18 and its 200 day simple moving average is $80.86.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several institutional investors have recently bought and sold shares of the company. AE Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 84.6% during the 2nd quarter. AE Wealth Management LLC now owns 380,226 shares of the company’s stock valued at $30,802,000 after purchasing an additional 174,307 shares during the last quarter. AGF Management Ltd. boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 18.4% in the second quarter. AGF Management Ltd. now owns 204,413 shares of the company’s stock worth $16,559,000 after acquiring an additional 31,727 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter worth about $2,122,000. Cetera Investment Advisers purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the first quarter worth about $2,040,000. Finally, Advisory Services Network LLC raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 190.5% in the 4th quarter. Advisory Services Network LLC now owns 33,109 shares of the company’s stock valued at $2,614,000 after purchasing an additional 21,711 shares during the last quarter.

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.