Meridian Wealth Management LLC Takes $812,000 Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Meridian Wealth Management LLC bought a new position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) in the third quarter, according to its most recent filing with the SEC. The firm bought 15,900 shares of the exchange traded fund’s stock, valued at approximately $812,000. Meridian Wealth Management LLC owned approximately 0.07% of Fidelity MSCI Consumer Staples Index ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in Fidelity MSCI Consumer Staples Index ETF by 0.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,230,440 shares of the exchange traded fund’s stock valued at $113,864,000 after buying an additional 20,827 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $213,000. Lifeworks Advisors LLC lifted its position in Fidelity MSCI Consumer Staples Index ETF by 8.8% during the third quarter. Lifeworks Advisors LLC now owns 30,295 shares of the exchange traded fund’s stock valued at $1,547,000 after purchasing an additional 2,438 shares during the period. Systelligence LLC raised its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 4.0% during the 3rd quarter. Systelligence LLC now owns 261,874 shares of the exchange traded fund’s stock valued at $13,369,000 after buying an additional 10,092 shares during the last quarter. Finally, Sigma Planning Corp lifted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 4.9% in the 3rd quarter. Sigma Planning Corp now owns 35,539 shares of the exchange traded fund’s stock valued at $1,814,000 after buying an additional 1,660 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Up 1.1 %

Fidelity MSCI Consumer Staples Index ETF stock opened at $51.48 on Friday. The business’s 50-day moving average price is $50.47 and its 200 day moving average price is $49.31. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 25.43 and a beta of 0.48. Fidelity MSCI Consumer Staples Index ETF has a 52 week low of $42.92 and a 52 week high of $51.91.

About Fidelity MSCI Consumer Staples Index ETF

The Fidelity MSCI Consumer Staples Index ETF (FSTA) is an exchange-traded fund that is based on the MSCI USA IMI Consumer Staples 25\u002F50 index, a market-cap-weighted index of US consumer staples companies across the entire market-cap spectrum. FSTA was launched on Oct 21, 2013 and is managed by Fidelity.