Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Sets New 52-Week High at $83.58

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) hit a new 52-week high during trading on Tuesday . The company traded as high as $83.58 and last traded at $83.56, with a volume of 15132 shares changing hands. The stock had previously closed at $83.21.

Fidelity MSCI Consumer Discretionary Index ETF Trading Down 0.4 %

The stock’s fifty day simple moving average is $80.29 and its 200 day simple moving average is $79.51. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32.

Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. American National Bank raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 284.2% during the 4th quarter. American National Bank now owns 365 shares of the company’s stock valued at $29,000 after buying an additional 270 shares during the period. Eagle Bay Advisors LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 1st quarter valued at about $33,000. Princeton Global Asset Management LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth about $43,000. Signaturefd LLC increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 27.8% during the fourth quarter. Signaturefd LLC now owns 606 shares of the company’s stock valued at $48,000 after acquiring an additional 132 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 1st quarter worth approximately $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.