Charles Schwab Investment Management Inc. Increases Stock Position in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Charles Schwab Investment Management Inc. increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,296,596 shares of the company’s stock after buying an additional 16,368 shares during the period. Charles Schwab Investment Management Inc. owned about 7.39% of Fidelity MSCI Consumer Discretionary Index ETF worth $114,671,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Comerica Bank raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 25.5% in the 1st quarter. Comerica Bank now owns 1,470 shares of the company’s stock valued at $121,000 after purchasing an additional 299 shares in the last quarter. Cetera Investment Advisers bought a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter valued at $2,040,000. Pathway Financial Advisers LLC acquired a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth $1,337,000. Maltin Wealth Management Inc. increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.6% in the 2nd quarter. Maltin Wealth Management Inc. now owns 30,587 shares of the company’s stock worth $2,478,000 after purchasing an additional 781 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 17.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,026 shares of the company’s stock valued at $569,000 after purchasing an additional 1,060 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

NYSEARCA:FDIS opened at $97.06 on Tuesday. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a one year low of $73.16 and a one year high of $97.82. The stock has a 50-day simple moving average of $89.39 and a 200 day simple moving average of $84.05.

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.