Newbridge Financial Services Group Inc. Takes $42,000 Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Newbridge Financial Services Group Inc. bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) during the fourth quarter, HoldingsChannel reports. The firm bought 843 shares of the exchange traded fund’s stock, valued at approximately $42,000.

A number of other hedge funds have also recently modified their holdings of FSTA. Soltis Investment Advisors LLC raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 6.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 8,322 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 474 shares during the last quarter. Sweeney & Michel LLC raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 3.3% in the 3rd quarter. Sweeney & Michel LLC now owns 17,774 shares of the exchange traded fund’s stock worth $903,000 after purchasing an additional 570 shares during the last quarter. LongView Wealth Management raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 12.1% in the 4th quarter. LongView Wealth Management now owns 5,712 shares of the exchange traded fund’s stock worth $282,000 after purchasing an additional 615 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter worth about $51,000. Finally, Creative Planning raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 23.0% in the 3rd quarter. Creative Planning now owns 6,324 shares of the exchange traded fund’s stock worth $323,000 after purchasing an additional 1,181 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Price Performance

FSTA opened at $51.64 on Wednesday. The stock has a 50-day moving average price of $50.11 and a 200-day moving average price of $50.29. The firm has a market cap of $1.20 billion, a PE ratio of 25.43 and a beta of 0.48. Fidelity MSCI Consumer Staples Index ETF has a 1 year low of $44.82 and a 1 year high of $52.41.

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.