Envestnet Asset Management Inc. Decreases Holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Envestnet Asset Management Inc. lessened its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 17.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,207 shares of the company’s stock after selling 19,171 shares during the period. Envestnet Asset Management Inc. owned about 0.53% of Fidelity MSCI Consumer Discretionary Index ETF worth $7,470,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. AGF Management Ltd. increased its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 204,413 shares of the company’s stock worth $16,559,000 after buying an additional 31,727 shares during the last quarter. Lynch & Associates IN increased its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 3.2% in the second quarter. Lynch & Associates IN now owns 17,474 shares of the company’s stock worth $1,416,000 after purchasing an additional 538 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter worth about $84,000. Penobscot Wealth Management increased its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 8.4% in the second quarter. Penobscot Wealth Management now owns 31,798 shares of the company’s stock worth $2,639,000 after purchasing an additional 2,453 shares in the last quarter. Finally, Southern Capital Advisors LLC increased its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.3% in the second quarter. Southern Capital Advisors LLC now owns 13,585 shares of the company’s stock worth $1,101,000 after purchasing an additional 681 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 0.2 %

FDIS opened at $88.73 on Friday. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. The firm has a 50-day moving average price of $82.59 and a 200-day moving average price of $81.13. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $64.12 and a twelve month high of $89.09.

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.