Hilton Capital Management LLC Sells 242 Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Hilton Capital Management LLC cut its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 5.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,164 shares of the company’s stock after selling 242 shares during the quarter. Hilton Capital Management LLC’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $368,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FDIS. American National Bank & Trust raised its stake in Fidelity MSCI Consumer Discretionary Index ETF by 5.1% in the third quarter. American National Bank & Trust now owns 2,614 shares of the company’s stock valued at $231,000 after purchasing an additional 127 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,571 shares of the company’s stock valued at $208,000 after buying an additional 138 shares in the last quarter. Dakota Wealth Management lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.7% during the 2nd quarter. Dakota Wealth Management now owns 7,445 shares of the company’s stock worth $603,000 after acquiring an additional 195 shares during the period. Comerica Bank boosted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 25.5% during the 1st quarter. Comerica Bank now owns 1,470 shares of the company’s stock worth $121,000 after acquiring an additional 299 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its stake in Fidelity MSCI Consumer Discretionary Index ETF by 9.0% in the third quarter. Stratos Wealth Advisors LLC now owns 6,120 shares of the company’s stock valued at $541,000 after acquiring an additional 506 shares during the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

Shares of FDIS opened at $93.95 on Thursday. The firm has a 50 day simple moving average of $88.54 and a two-hundred day simple moving average of $83.63. Fidelity MSCI Consumer Discretionary Index ETF has a one year low of $72.68 and a one year high of $96.53. The company has a market cap of $1.65 billion, a P/E ratio of 25.20 and a beta of 1.32.

Fidelity MSCI Consumer Discretionary Index ETF Company 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.