Grimes & Company Inc. Acquires New Holdings in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Grimes & Company Inc. acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 2,959 shares of the company’s stock, valued at approximately $278,000.

Several other hedge funds also recently bought and sold shares of FDIS. Dagco Inc. purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the first quarter valued at approximately $30,000. Signature Resources Capital Management LLC purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the second quarter valued at approximately $48,000. MAI Capital Management grew its stake in Fidelity MSCI Consumer Discretionary Index ETF by 17.3% during the first quarter. MAI Capital Management now owns 881 shares of the company’s stock valued at $74,000 after acquiring an additional 130 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in Fidelity MSCI Consumer Discretionary Index ETF by 18.0% during the first quarter. Capital Investment Advisory Services LLC now owns 1,625 shares of the company’s stock valued at $137,000 after acquiring an additional 248 shares in the last quarter. Finally, Blue Trust Inc. grew its stake 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 in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Trading Down 1.7%

Shares of NYSEARCA:FDIS opened at $100.94 on Wednesday. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $74.00 and a 12 month high of $104.75. The stock has a market cap of $1.90 billion, a P/E ratio of 25.42 and a beta of 1.25. The company has a 50 day moving average of $100.35 and a 200 day moving average of $93.31.

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.