Northwestern Mutual Wealth Management Co. Sells 33,531 Shares of Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 37.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 56,800 shares of the company’s stock after selling 33,531 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $5,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of FDIS. Russell Investments Group Ltd. lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 99.2% during the third quarter. Russell Investments Group Ltd. now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 128 shares during the period. Sound Income Strategies LLC lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 103.9% during the fourth quarter. Sound Income Strategies LLC now owns 312 shares of the company’s stock worth $33,000 after acquiring an additional 159 shares during the period. Larson Financial Group LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the third quarter worth $33,000. Allworth Financial LP lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 102.0% during the fourth quarter. Allworth Financial LP now owns 495 shares of the company’s stock worth $51,000 after acquiring an additional 250 shares during the period. Finally, WealthShield Partners LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter worth $56,000.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS opened at $101.29 on Thursday. The firm has a market cap of $1.76 billion, a PE ratio of 25.42 and a beta of 1.25. The stock’s fifty day moving average price is $99.62 and its two-hundred day moving average price is $100.68. Fidelity MSCI Consumer Discretionary Index ETF has a 1 year low of $89.95 and a 1 year high of $107.45.

Fidelity MSCI Consumer Discretionary Index ETF 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.