New York Life Investment Management LLC Takes $625,000 Position in Fidelity MSCI Consumer Discretionary Index ETF $FDIS

New York Life Investment Management LLC acquired a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 6,116 shares of the company’s stock, valued at approximately $625,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FDIS. Russell Investments Group Ltd. boosted its stake in shares of 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 valued at $26,000 after purchasing an additional 128 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of 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 valued at $33,000 after purchasing an additional 159 shares in the last quarter. Larson Financial Group LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the third quarter valued at approximately $33,000. Allworth Financial LP boosted its stake in shares of 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 valued at $51,000 after purchasing an additional 250 shares in the last quarter. Finally, WealthShield Partners LLC bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the fourth quarter valued at approximately $56,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

NYSEARCA FDIS opened at $101.13 on Thursday. The firm’s 50 day moving average price is $98.04 and its 200-day moving average price is $100.59. Fidelity MSCI Consumer Discretionary Index ETF has a 52-week low of $89.95 and a 52-week high of $107.45. The company has a market cap of $1.76 billion, a PE ratio of 25.42 and a beta of 1.25.

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.