Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 1.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,246,027 shares of the company’s stock after selling 21,860 shares during the quarter. Charles Schwab Investment Management Inc. owned about 6.12% of Fidelity MSCI Consumer Discretionary Index ETF worth $105,302,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Versant Capital Management Inc acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter valued at about $30,000. Avondale Wealth Management acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $105,000. Capital Investment Advisory Services LLC increased its position in Fidelity MSCI Consumer Discretionary Index ETF by 18.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 1,625 shares of the company’s stock worth $137,000 after purchasing an additional 248 shares in the last quarter. Blue Trust Inc. increased its position in Fidelity MSCI Consumer Discretionary Index ETF by 142.5% during the 1st quarter. Blue Trust Inc. now owns 2,379 shares of the company’s stock worth $201,000 after purchasing an additional 1,398 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $219,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

FDIS opened at $97.86 on Wednesday. The firm has a 50 day moving average price of $94.58 and a 200 day moving average price of $91.11. The company has a market cap of $1.86 billion, a PE ratio of 25.42 and a beta of 1.25. Fidelity MSCI Consumer Discretionary Index ETF has a 1 year low of $74.00 and a 1 year high of $104.41.

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.