Assetmark Inc. Trims Stock Position in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Assetmark Inc. cut its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDISFree Report) by 12.2% in the first quarter, HoldingsChannel reports. The firm owned 186,211 shares of the company’s stock after selling 25,878 shares during the period. Assetmark Inc.’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $17,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. AE Wealth Management LLC grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 26.7% during the 4th quarter. AE Wealth Management LLC now owns 966,605 shares of the company’s stock worth $98,748,000 after purchasing an additional 203,947 shares during the period. Bellwether Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $20,424,000. Global Assets Advisory LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter worth about $6,565,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter worth about $5,786,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 117.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 90,331 shares of the company’s stock worth $9,292,000 after buying an additional 48,712 shares during the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Fidelity MSCI Consumer Discretionary Index ETF stock opened at $101.62 on Monday. The business’s 50-day moving average price is $101.83 and its 200 day moving average price is $100.72. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $89.95 and a 52 week high of $107.45.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

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