Meridian Wealth Management LLC Makes New $991,000 Investment in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Meridian Wealth Management LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,205 shares of the company’s stock, valued at approximately $991,000. Meridian Wealth Management LLC owned approximately 0.06% of Fidelity MSCI Consumer Discretionary Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Investors Research Corp grew its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.8% in the 3rd quarter. Investors Research Corp now owns 9,173 shares of the company’s stock worth $811,000 after buying an additional 506 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,296,596 shares of the company’s stock worth $114,671,000 after acquiring an additional 16,368 shares in the last quarter. Smithfield Trust Co increased its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 46.5% during the third quarter. Smithfield Trust Co now owns 3,275 shares of the company’s stock valued at $290,000 after acquiring an additional 1,040 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 3,150.7% during the third quarter. Thrivent Financial for Lutherans now owns 145,922 shares of the company’s stock valued at $12,905,000 after acquiring an additional 141,433 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 3rd quarter worth about $202,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

Shares of FDIS stock opened at $95.67 on Friday. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a one year low of $73.16 and a one year high of $96.53. The company’s 50-day moving average is $89.15 and its 200 day moving average is $83.88.

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.