Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Sold by Smith Salley Wealth Management

Smith Salley Wealth Management trimmed its position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 5.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 23,781 shares of the company’s stock after selling 1,301 shares during the period. Smith Salley Wealth Management’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $2,318,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDIS. Ameritas Advisory Services LLC grew its stake in Fidelity MSCI Consumer Discretionary Index ETF by 9.2% during the 4th quarter. Ameritas Advisory Services LLC now owns 15,043 shares of the company’s stock valued at $1,466,000 after purchasing an additional 1,272 shares in the last quarter. Grant GrossMendelsohn LLC purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at approximately $3,222,000. Decker Retirement Planning Inc. acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth approximately $35,000. Elevated Capital Advisors LLC increased its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 105.0% in the fourth quarter. Elevated Capital Advisors LLC now owns 12,779 shares of the company’s stock worth $1,245,000 after buying an additional 6,546 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 8.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,584 shares of the company’s stock valued at $739,000 after acquiring an additional 597 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS stock opened at $100.00 on Friday. The firm has a fifty day moving average of $98.34 and a two-hundred day moving average of $89.32. The firm has a market cap of $1.76 billion, a P/E ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a 1-year low of $73.19 and a 1-year high of $104.41.

Fidelity MSCI Consumer Discretionary Index ETF 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.