Fidelity MSCI Consumer Staples Index ETF $FSTA Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 46.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,814 shares of the exchange traded fund’s stock after selling 38,748 shares during the period. NewEdge Advisors LLC owned about 0.16% of Fidelity MSCI Consumer Staples Index ETF worth $2,293,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 7.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,543,555 shares of the exchange traded fund’s stock worth $125,117,000 after purchasing an additional 167,871 shares during the last quarter. Two Sigma Investments LP boosted its holdings in Fidelity MSCI Consumer Staples Index ETF by 1,658.1% in the third quarter. Two Sigma Investments LP now owns 130,100 shares of the exchange traded fund’s stock valued at $6,484,000 after purchasing an additional 122,700 shares during the last quarter. Bellwether Advisors LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the first quarter valued at $5,798,000. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth about $4,858,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Fidelity MSCI Consumer Staples Index ETF during the 3rd quarter worth about $4,679,000.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA FSTA opened at $53.66 on Friday. The stock has a 50-day simple moving average of $53.12 and a two-hundred day simple moving average of $53.41. The firm has a market capitalization of $1.42 billion, a P/E ratio of 22.37 and a beta of 0.50. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $47.88 and a fifty-two week high of $56.93.

Fidelity MSCI Consumer Staples Index ETF Company Profile

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.