Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Hits New 1-Year High at $82.82

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $82.82 and last traded at $82.48, with a volume of 16095 shares changing hands. The stock had previously closed at $82.18.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 0.5 %

The company’s fifty day simple moving average is $79.71 and its two-hundred day simple moving average is $79.35. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter valued at about $1,337,000. Cetera Investment Advisers acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $2,040,000. Comerica Bank lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 25.5% in the first quarter. Comerica Bank now owns 1,470 shares of the company’s stock valued at $121,000 after buying an additional 299 shares in the last quarter. Linscomb Wealth Inc. acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter valued at approximately $285,000. Finally, Atlanta Consulting Group Advisors LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the first quarter worth $86,000.

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.