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

Charles Schwab Investment Management Inc. trimmed its position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,267,887 shares of the company’s stock after selling 28,709 shares during the period. Charles Schwab Investment Management Inc. owned approximately 7.22% of Fidelity MSCI Consumer Discretionary Index ETF worth $123,568,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FDIS. Fifth Third Bancorp bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter worth approximately $25,000. Capital Investment Counsel Inc acquired a new position in Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter worth approximately $32,000. Decker Retirement Planning Inc. bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at $35,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at $49,000. Finally, Larson Financial Group LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth $52,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.2 %

Shares of Fidelity MSCI Consumer Discretionary Index ETF stock opened at $88.07 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a 12-month low of $73.19 and a 12-month high of $104.41. The firm has a market capitalization of $1.87 billion, a PE ratio of 26.28 and a beta of 1.31. The stock’s fifty day moving average is $97.37 and its 200-day moving average is $93.16.

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.