Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Sees Unusually-High Trading Volume – What’s Next?

Posted by Renee Jackson on Apr 3rd, 2025

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 555,013 shares were traded during mid-day trading, an increase of 473% from the previous session’s volume of 96,806 shares.The stock last traded at $85.57 and had previously closed at $84.51.

Fidelity MSCI Consumer Discretionary Index ETF Price Performance

The stock’s 50-day moving average price is $92.75 and its 200 day moving average price is $93.48. The firm has a market cap of $1.65 billion, a P/E ratio of 23.70 and a beta of 1.35.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Apollon Wealth Management LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth approximately $26,660,000. AGF Management Ltd. raised its position in Fidelity MSCI Consumer Discretionary Index ETF by 14.3% during the fourth quarter. AGF Management Ltd. now owns 420,913 shares of the company’s stock worth $41,022,000 after acquiring an additional 52,679 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the third quarter valued at $4,422,000. LPL Financial LLC grew its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 50.2% in the 4th quarter. LPL Financial LLC now owns 107,982 shares of the company’s stock valued at $10,524,000 after acquiring an additional 36,111 shares during the period. Finally, Grant GrossMendelsohn LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth about $3,222,000.

About Fidelity MSCI Consumer Discretionary Index ETF

(Get Free Report)

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.