Robertson Stephens Wealth Management LLC Reduces Stock Position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Robertson Stephens Wealth Management LLC lessened its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 5,250 shares of the company’s stock after selling 208 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $512,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDIS. Fifth Third Bancorp purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $25,000. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $35,000. Larson Financial Group LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 3rd quarter valued at about $52,000. Blue Trust Inc. purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $96,000. Finally, Venturi Wealth Management LLC grew its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 3,552.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,461 shares of the company’s stock valued at $129,000 after buying an additional 1,421 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

Shares of NYSEARCA:FDIS opened at $98.24 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a 1 year low of $73.19 and a 1 year high of $104.41. The stock has a market capitalization of $1.72 billion, a P/E ratio of 25.20 and a beta of 1.32. The stock has a 50-day simple moving average of $99.87 and a 200-day simple moving average of $90.94.

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.