Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 227,612 shares of the company’s stock after selling 6,011 shares during the quarter. Envestnet Asset Management Inc. owned about 1.12% of Fidelity MSCI Consumer Discretionary Index ETF worth $19,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Versant Capital Management Inc purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $30,000. CIBC Private Wealth Group LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth $38,000. Avondale Wealth Management purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter valued at $105,000. Capital Investment Advisory Services LLC grew its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 18.0% in the first quarter. Capital Investment Advisory Services LLC now owns 1,625 shares of the company’s stock valued at $137,000 after purchasing an additional 248 shares during the period. Finally, Blue Trust Inc. grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 142.5% during the first quarter. Blue Trust Inc. now owns 2,379 shares of the company’s stock valued at $201,000 after acquiring an additional 1,398 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS opened at $94.97 on Thursday. The stock’s 50-day moving average is $92.94 and its two-hundred day moving average is $91.43. The stock has a market cap of $1.80 billion, a PE ratio of 25.42 and a beta of 1.25. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $73.19 and a 12 month high of $104.41.

About Fidelity MSCI Consumer Discretionary Index ETF

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.