Penobscot Wealth Management Has $3.75 Million Stock Position in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

Penobscot Wealth Management raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 16.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,194 shares of the company’s stock after purchasing an additional 5,705 shares during the quarter. Fidelity MSCI Consumer Discretionary Index ETF accounts for 1.1% of Penobscot Wealth Management’s investment portfolio, making the stock its 18th biggest holding. Penobscot Wealth Management owned about 0.23% of Fidelity MSCI Consumer Discretionary Index ETF worth $3,748,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Smith Salley Wealth Management lifted its position in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the 1st quarter. Smith Salley Wealth Management now owns 24,512 shares of the company’s stock worth $2,286,000 after buying an additional 311 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 19.6% during the fourth quarter. Corient Private Wealth LLC now owns 2,519 shares of the company’s stock valued at $257,000 after buying an additional 412 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 43.1% during the fourth quarter. Sunbelt Securities Inc. now owns 10,170 shares of the company’s stock valued at $1,039,000 after buying an additional 3,061 shares in the last quarter. Jacobs Equity LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at about $1,376,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 11.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,241 shares of the company’s stock worth $638,000 after acquiring an additional 658 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 1.0%

Shares of FDIS stock opened at $99.67 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $89.95 and a 12 month high of $107.45. The firm has a market cap of $1.73 billion, a PE ratio of 25.42 and a beta of 1.23. The stock has a 50 day moving average of $101.77 and a 200-day moving average of $100.87.

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.