Penobscot Wealth Management Acquires 2,730 Shares of Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Penobscot Wealth Management increased its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 9.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 32,417 shares of the company’s stock after acquiring an additional 2,730 shares during the period. Fidelity MSCI Consumer Discretionary Index ETF comprises 1.1% of Penobscot Wealth Management’s portfolio, making the stock its 19th biggest position. Penobscot Wealth Management owned about 0.17% of Fidelity MSCI Consumer Discretionary Index ETF worth $3,049,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FDIS. Dagco Inc. bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $30,000. Signature Resources Capital Management LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter valued at $48,000. MAI Capital Management raised its position in Fidelity MSCI Consumer Discretionary Index ETF by 17.3% during the 1st quarter. MAI Capital Management now owns 881 shares of the company’s stock valued at $74,000 after purchasing an additional 130 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in Fidelity MSCI Consumer Discretionary Index ETF by 18.0% during the 1st 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 in the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter valued at $219,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.4%

Shares of NYSEARCA FDIS opened at $101.95 on Monday. The business has a fifty day simple moving average of $101.46 and a two-hundred day simple moving average of $94.98. The firm has a market cap of $1.93 billion, a PE ratio of 25.42 and a beta of 1.25. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $74.00 and a twelve month high of $104.75.

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.