Mercer Global Advisors Inc. ADV Trims Stock Holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Mercer Global Advisors Inc. ADV lowered its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 23.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,228 shares of the company’s stock after selling 1,263 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $412,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Fifth Third Bancorp bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at $25,000. Capital Investment Counsel Inc purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at $32,000. Cullen Frost Bankers Inc. purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at $33,000. Decker Retirement Planning Inc. bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at $35,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth about $38,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 1.2%

Shares of NYSEARCA FDIS opened at $93.10 on Wednesday. The company has a market cap of $1.79 billion, a P/E ratio of 24.59 and a beta of 1.30. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $73.19 and a 52 week high of $104.41. The business has a 50-day simple moving average of $83.79 and a two-hundred day simple moving average of $92.48.

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.