Penobscot Wealth Management Buys 5,705 Shares of Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Penobscot Wealth Management grew its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 16.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 40,194 shares of the company’s stock after buying an additional 5,705 shares during the period. Fidelity MSCI Consumer Discretionary Index ETF makes up 1.1% of Penobscot Wealth Management’s investment portfolio, making the stock its 18th biggest holding. Penobscot Wealth Management’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $3,748,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FDIS. Smith Salley Wealth Management grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% during the first quarter. Smith Salley Wealth Management now owns 24,512 shares of the company’s stock worth $2,286,000 after buying an additional 311 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 19.6% in the 4th quarter. Corient Private Wealth LLC now owns 2,519 shares of the company’s stock valued at $257,000 after acquiring an additional 412 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 43.1% in the 4th quarter. Sunbelt Securities Inc. now owns 10,170 shares of the company’s stock valued at $1,039,000 after acquiring an additional 3,061 shares in the last quarter. Jacobs Equity LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter worth approximately $1,376,000. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 11.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,241 shares of the company’s stock worth $638,000 after acquiring an additional 658 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Trading Down 1.0%

Shares of NYSEARCA:FDIS opened at $99.67 on Friday. The firm has a market capitalization of $1.73 billion, a PE ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 1-year low of $89.95 and a 1-year high of $107.45. The business’s 50 day moving average is $101.77 and its 200-day moving average is $100.87.

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.