Global Assets Advisory LLC Makes New Investment in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Global Assets Advisory LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 70,393 shares of the company’s stock, valued at approximately $6,565,000. Fidelity MSCI Consumer Discretionary Index ETF makes up approximately 1.6% of Global Assets Advisory LLC’s investment portfolio, making the stock its 11th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Russell Investments Group Ltd. grew its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 99.2% during the third quarter. Russell Investments Group Ltd. now owns 257 shares of the company’s stock worth $26,000 after buying an additional 128 shares in the last quarter. Sound Income Strategies LLC lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 103.9% during the 4th quarter. Sound Income Strategies LLC now owns 312 shares of the company’s stock valued at $33,000 after acquiring an additional 159 shares in the last quarter. Larson Financial Group LLC bought a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter valued at $33,000. IFC & Insurance Marketing Inc. purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth $35,000. Finally, Federation des caisses Desjardins du Quebec boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 100.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 398 shares of the company’s stock worth $41,000 after acquiring an additional 199 shares during the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS stock traded up $0.40 on Friday, hitting $102.75. The stock had a trading volume of 52,367 shares, compared to its average volume of 105,734. The business has a 50 day moving average of $101.89 and a 200 day moving average of $100.82. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 12-month low of $89.95 and a 12-month high of $107.45.

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.