Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Sees Strong Trading Volume

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) shares saw an uptick in trading volume on Tuesday . 266,083 shares were traded during trading, an increase of 235% from the previous session’s volume of 79,531 shares.The stock last traded at $77.25 and had previously closed at $76.32.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.1 %

The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 25.19 and a beta of 1.30. The stock has a 50-day moving average price of $80.11 and a 200 day moving average price of $76.41.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several institutional investors have recently added to or reduced their stakes in FDIS. American National Bank lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 284.2% during the fourth quarter. American National Bank now owns 365 shares of the company’s stock worth $29,000 after purchasing an additional 270 shares during the last quarter. Princeton Global Asset Management LLC purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at approximately $43,000. Signaturefd LLC lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 27.8% in the fourth quarter. Signaturefd LLC now owns 606 shares of the company’s stock valued at $48,000 after buying an additional 132 shares during the last quarter. Smithfield Trust Co purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at approximately $89,000. Finally, Citigroup Inc. lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 20.7% in the third quarter. Citigroup Inc. now owns 1,361 shares of the company’s stock valued at $95,000 after buying an additional 233 shares during the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Company 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.