Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. cut its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,376 shares of the exchange traded fund’s stock after selling 220 shares during the period. Exchange Capital Management Inc.’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $1,057,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Partners Wealth Management LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the fourth quarter worth approximately $783,000. Financial Perspectives Inc raised its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 2.3% during the fourth quarter. Financial Perspectives Inc now owns 110,875 shares of the exchange traded fund’s stock valued at $5,481,000 after purchasing an additional 2,485 shares during the period. Global Retirement Partners LLC lifted its holdings in Fidelity MSCI Consumer Staples Index ETF by 151.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,641 shares of the exchange traded fund’s stock worth $180,000 after buying an additional 2,193 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 2.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 64,792 shares of the exchange traded fund’s stock valued at $3,203,000 after purchasing an additional 1,250 shares in the last quarter. Finally, Allworth Financial LP grew its position in shares of Fidelity MSCI Consumer Staples Index ETF by 264.1% during the fourth quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 1,854 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Price Performance

FSTA opened at $52.08 on Tuesday. The firm’s fifty day moving average price is $50.13 and its 200 day moving average price is $50.50. The stock has a market capitalization of $1.29 billion, a PE ratio of 25.39 and a beta of 0.63. Fidelity MSCI Consumer Staples Index ETF has a 12-month low of $45.31 and a 12-month high of $52.41.

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.