Penobscot Wealth Management Lowers Holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Penobscot Wealth Management decreased its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,909 shares of the company’s stock after selling 277 shares during the quarter. Fidelity MSCI Consumer Discretionary Index ETF makes up approximately 1.3% of Penobscot Wealth Management’s holdings, making the stock its 25th largest holding. Penobscot Wealth Management’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FDIS. Arkadios Wealth Advisors purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 3rd quarter valued at about $230,000. DAVENPORT & Co LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth about $251,000. Brookstone Capital Management grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 3.0% during the 3rd quarter. Brookstone Capital Management now owns 46,606 shares of the company’s stock worth $3,118,000 after purchasing an additional 1,365 shares during the period. Dakota Wealth Management grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 3.0% during the 3rd quarter. Dakota Wealth Management now owns 6,871 shares of the company’s stock worth $480,000 after purchasing an additional 200 shares during the period. Finally, Stratos Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter worth about $225,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

Shares of NYSEARCA:FDIS traded down $0.10 during trading on Thursday, reaching $77.55. 40,764 shares of the stock were exchanged, compared to its average volume of 82,031. Fidelity MSCI Consumer Discretionary Index ETF has a 12-month low of $63.08 and a 12-month high of $82.82. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 25.19 and a beta of 1.30. The firm’s 50-day moving average price is $80.16 and its 200 day moving average price is $76.40.

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.