Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Get Free Report) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 112,643 shares, an increase of 75.4% from the June 15th total of 64,214 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 79,112 shares, the short-interest ratio is currently 1.4 days.
Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC boosted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% during the first quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock worth $140,240,000 after buying an additional 19,658 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,245,527 shares of the company’s stock valued at $127,243,000 after acquiring an additional 24,995 shares during the period. AE Wealth Management LLC raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 26.7% in the fourth quarter. AE Wealth Management LLC now owns 966,605 shares of the company’s stock valued at $98,748,000 after acquiring an additional 203,947 shares during the period. Bank of America Corp DE raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 0.5% in the third quarter. Bank of America Corp DE now owns 928,498 shares of the company’s stock valued at $95,515,000 after acquiring an additional 4,720 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 43.2% in the 4th quarter. Assetmark Inc. now owns 212,089 shares of the company’s stock worth $21,667,000 after acquiring an additional 64,014 shares during the last quarter.
Fidelity MSCI Consumer Discretionary Index ETF Price Performance
Shares of FDIS stock opened at $103.16 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a 1 year low of $89.95 and a 1 year high of $107.45. The stock’s 50 day simple moving average is $101.87 and its two-hundred day simple moving average is $100.73. The company has a market cap of $1.70 billion, a PE ratio of 25.42 and a beta of 1.23.
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.
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