Ellis Investment Partners LLC Sells 1,223 Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Ellis Investment Partners LLC decreased its holdings in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 8.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 14,009 shares of the company’s stock after selling 1,223 shares during the quarter. Ellis Investment Partners LLC’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $1,365,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 14.6% in the third quarter. Jane Street Group LLC now owns 29,805 shares of the company’s stock worth $2,636,000 after buying an additional 3,796 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 14.9% in the third quarter. Janney Montgomery Scott LLC now owns 29,681 shares of the company’s stock worth $2,625,000 after buying an additional 3,851 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter worth about $96,000. FMR LLC lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.9% in the third quarter. FMR LLC now owns 35,478 shares of the company’s stock worth $3,138,000 after buying an additional 1,991 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 189.5% in the third quarter. Franklin Resources Inc. now owns 4,583 shares of the company’s stock worth $399,000 after buying an additional 3,000 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.1 %

NYSEARCA:FDIS opened at $99.10 on Friday. The company has a market capitalization of $1.74 billion, a P/E ratio of 25.20 and a beta of 1.32. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $73.19 and a 12 month high of $104.41. The business’s 50-day moving average is $99.76 and its 200 day moving average is $91.68.

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.