Lido Advisors LLC Trims Holdings in Fidelity MSCI Consumer Staples Index ETF $FSTA

Lido Advisors LLC reduced its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,339,030 shares of the exchange traded fund’s stock after selling 60,468 shares during the period. Lido Advisors LLC owned 5.09% of Fidelity MSCI Consumer Staples Index ETF worth $66,737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FSTA. Bank of America Corp DE lifted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 2.3% during the third quarter. Bank of America Corp DE now owns 57,982 shares of the exchange traded fund’s stock valued at $2,890,000 after buying an additional 1,283 shares during the period. Creative Planning boosted its position in Fidelity MSCI Consumer Staples Index ETF by 10.1% during the third quarter. Creative Planning now owns 7,588 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 698 shares during the last quarter. Raymond James Financial Inc. grew its stake in Fidelity MSCI Consumer Staples Index ETF by 210.1% in the 3rd quarter. Raymond James Financial Inc. now owns 27,276 shares of the exchange traded fund’s stock worth $1,359,000 after acquiring an additional 18,481 shares during the period. Two Sigma Investments LP raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 1,658.1% in the 3rd quarter. Two Sigma Investments LP now owns 130,100 shares of the exchange traded fund’s stock valued at $6,484,000 after acquiring an additional 122,700 shares during the last quarter. Finally, UBS Group AG raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 1.6% in the 3rd quarter. UBS Group AG now owns 54,212 shares of the exchange traded fund’s stock valued at $2,702,000 after acquiring an additional 834 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Up 0.6%

Shares of Fidelity MSCI Consumer Staples Index ETF stock opened at $53.93 on Monday. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $47.45 and a fifty-two week high of $56.93. The business’s fifty day moving average is $53.76 and its two-hundred day moving average is $51.24. The firm has a market cap of $1.42 billion, a PE ratio of 22.37 and a beta of 0.56.

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.