VCI Wealth Management LLC Makes New $1.16 Million Investment in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

VCI Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) during the 4th quarter, Holdings Channel.com reports. The fund purchased 14,651 shares of the company’s stock, valued at approximately $1,157,000.

A number of other hedge funds have also modified their holdings of FDIS. Vicus Capital purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at $13,665,000. Destiny Wealth Partners LLC purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at about $8,682,000. International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter worth about $6,469,000. Lido Advisors LLC grew its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 7.1% during the third quarter. Lido Advisors LLC now owns 1,120,748 shares of the company’s stock worth $78,295,000 after purchasing an additional 73,835 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 18.5% during the third quarter. Envestnet Asset Management Inc. now owns 229,662 shares of the company’s stock worth $16,044,000 after purchasing an additional 35,815 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of NYSEARCA:FDIS traded down $0.10 during trading on Thursday, hitting $77.55. 40,764 shares of the company’s stock were exchanged, compared to its average volume of 82,031. Fidelity MSCI Consumer Discretionary Index ETF has a 52-week low of $63.08 and a 52-week high of $82.82. The business’s 50-day simple moving average is $80.16 and its 200 day simple moving average is $76.40. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 25.19 and a beta of 1.30.

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.