Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 40,998 shares, a decrease of 56.6% from the April 15th total of 94,564 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 119,013 shares, the days-to-cover ratio is presently 0.3 days.
Fidelity MSCI Consumer Discretionary Index ETF Trading Down 1.9%
Shares of Fidelity MSCI Consumer Discretionary Index ETF stock traded down $1.94 on Friday, hitting $99.87. The stock had a trading volume of 141,996 shares, compared to its average volume of 108,998. Fidelity MSCI Consumer Discretionary Index ETF has a 52-week low of $89.95 and a 52-week high of $107.45. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 25.42 and a beta of 1.25. The company’s 50 day moving average price is $97.95 and its 200 day moving average price is $100.66.
Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the 1st quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock valued at $140,240,000 after purchasing an additional 19,658 shares during the last quarter. Lifeworks Advisors LLC lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 21.0% in the 1st quarter. Lifeworks Advisors LLC now owns 24,266 shares of the company’s stock valued at $2,263,000 after purchasing an additional 4,210 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the 1st quarter valued at about $6,565,000. Fifth Third Bancorp lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 748.2% in the 1st quarter. Fifth Third Bancorp now owns 2,180 shares of the company’s stock valued at $203,000 after purchasing an additional 1,923 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.3% in the 1st quarter. Kestra Advisory Services LLC now owns 86,544 shares of the company’s stock valued at $8,071,000 after purchasing an additional 4,351 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.
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