Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 54,568 shares, an increase of 159.3% from the September 15th total of 21,047 shares. Based on an average daily volume of 135,536 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.
Fidelity MSCI Consumer Discretionary Index ETF Price Performance
NYSEARCA:FDIS traded down $0.48 on Monday, reaching $97.76. 94,319 shares of the company’s stock were exchanged, compared to its average volume of 102,944. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 25.42 and a beta of 1.26. The stock has a fifty day simple moving average of $99.86 and a 200-day simple moving average of $100.14. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $89.95 and a 52 week high of $107.45.
Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. Independence Financial Advisors LLC raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 6.5% in the third quarter. Independence Financial Advisors LLC now owns 131,483 shares of the company’s stock worth $12,453,000 after buying an additional 8,027 shares in the last quarter. American National Bank & Trust bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the third quarter valued at $1,576,000. Congress Asset Management Co. bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the third quarter valued at $6,418,000. CX Institutional boosted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 2.0% during the third quarter. CX Institutional now owns 44,840 shares of the company’s stock valued at $4,247,000 after buying an additional 861 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 38.4% during the second quarter. Envestnet Asset Management Inc. now owns 33,871 shares of the company’s stock worth $3,483,000 after buying an additional 9,400 shares in 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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