Mon Sep 23 22:04:43 UTC 2024: ## Fidelity MSCI Consumer Discretionary Index ETF (FDIS) Hits New 52-Week High
**New York, NY – September 23, 2024** – The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) reached a new 52-week high on Monday, closing at $87.79, a 0.8% increase from the previous day’s closing price. The ETF’s volume was 37,508 shares, indicating strong investor interest.
FDIS tracks the performance of US consumer discretionary companies, representing a key sector within the broader market. The ETF has a market capitalization of $1.54 billion, a price-to-earnings ratio of 25.20, and a beta of 1.32, indicating moderate volatility.
Recent activity from institutional investors suggests growing confidence in the consumer discretionary sector. AE Wealth Management LLC, AGF Management Ltd., Monumental Financial Group Inc., Vicus Capital, and Osaic Holdings Inc. all increased their holdings in FDIS during recent quarters, demonstrating their belief in the ETF’s potential for growth.
“This new high for FDIS reflects positive sentiment surrounding the consumer discretionary sector,” said [Name of Analyst, if available], a market expert. “[Quote from analyst about their outlook on FDIS, if available].”
FDIS was launched on October 21, 2013, and is managed by Fidelity. For investors interested in exposure to the consumer discretionary sector, FDIS presents a readily accessible and diversified option.
First Piper 