Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Hits New 12-Month High – Here’s What Happened

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $103.32 and last traded at $103.03, with a volume of 8927 shares trading hands. The stock had previously closed at $102.50.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

The firm has a 50 day moving average price of $93.54 and a two-hundred day moving average price of $86.41. The company has a market cap of $1.83 billion, a P/E ratio of 25.20 and a beta of 1.32.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. AE Wealth Management LLC lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 84.6% in the 2nd quarter. AE Wealth Management LLC now owns 380,226 shares of the company’s stock worth $30,802,000 after purchasing an additional 174,307 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 3,150.7% in the third quarter. Thrivent Financial for Lutherans now owns 145,922 shares of the company’s stock worth $12,905,000 after buying an additional 141,433 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the third quarter valued at $4,422,000. AGF Management Ltd. grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 204,413 shares of the company’s stock worth $16,559,000 after buying an additional 31,727 shares in the last quarter. Finally, Monumental Financial Group Inc. increased its stake in Fidelity MSCI Consumer Discretionary Index ETF by 13.2% in the 3rd quarter. Monumental Financial Group Inc. now owns 245,274 shares of the company’s stock worth $21,692,000 after acquiring an additional 28,540 shares during the last quarter.

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.