Monumental Financial Group Inc. Buys 67,784 Shares of Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS)

Monumental Financial Group Inc. boosted its stake in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) by 68.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 167,212 shares of the company’s stock after purchasing an additional 67,784 shares during the quarter. Fidelity MSCI Consumer Discretionary Index ETF comprises 7.9% of Monumental Financial Group Inc.’s investment portfolio, making the stock its 4th biggest position. Monumental Financial Group Inc.’s holdings in Fidelity MSCI Consumer Discretionary Index ETF were worth $13,200,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. VCI Wealth Management LLC acquired a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter worth $1,157,000. Vicus Capital purchased a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at about $13,665,000. Signaturefd LLC increased its stake in Fidelity MSCI Consumer Discretionary Index ETF by 27.8% during the fourth quarter. Signaturefd LLC now owns 606 shares of the company’s stock worth $48,000 after purchasing an additional 132 shares during the period. J.W. Cole Advisors Inc. increased its stake in Fidelity MSCI Consumer Discretionary Index ETF by 6.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 19,264 shares of the company’s stock worth $1,521,000 after purchasing an additional 1,153 shares during the period. Finally, Investors Research Corp increased its stake in Fidelity MSCI Consumer Discretionary Index ETF by 6.6% during the fourth quarter. Investors Research Corp now owns 7,548 shares of the company’s stock worth $596,000 after purchasing an additional 466 shares during the period.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 1.3 %

NYSEARCA:FDIS traded up $0.98 on Friday, reaching $78.53. 108,113 shares of the company’s stock were exchanged, compared to its average volume of 82,352. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 25.19 and a beta of 1.30. The business has a fifty day moving average of $80.08 and a 200-day moving average of $76.56. Fidelity MSCI Consumer Discretionary Index ETF has a 52-week low of $63.20 and a 52-week high of $82.82.

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.