Global Assets Advisory LLC Takes $6.57 Million Position in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Global Assets Advisory LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 70,393 shares of the company’s stock, valued at approximately $6,565,000. Fidelity MSCI Consumer Discretionary Index ETF makes up approximately 1.6% of Global Assets Advisory LLC’s holdings, making the stock its 11th largest holding. Global Assets Advisory LLC owned approximately 0.40% of Fidelity MSCI Consumer Discretionary Index ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 26.7% in the fourth quarter. AE Wealth Management LLC now owns 966,605 shares of the company’s stock worth $98,748,000 after acquiring an additional 203,947 shares in the last quarter. Bellwether Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth approximately $20,424,000. Lido Advisors LLC raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 9.0% during the third quarter. Lido Advisors LLC now owns 1,482,404 shares of the company’s stock worth $152,495,000 after purchasing an additional 122,734 shares during the period. Assetmark Inc. lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 43.2% in the 4th quarter. Assetmark Inc. now owns 212,089 shares of the company’s stock worth $21,667,000 after purchasing an additional 64,014 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter worth $5,786,000.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.4%

NYSEARCA FDIS traded up $0.40 during mid-day trading on Friday, hitting $102.75. The company’s stock had a trading volume of 52,367 shares, compared to its average volume of 105,734. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 25.42 and a beta of 1.23. The company’s 50 day simple moving average is $101.89 and its 200 day simple moving average is $100.82. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $89.95 and a twelve month high of $107.45.

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.