Advisory Services Network LLC Sells 939 Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Advisory Services Network LLC reduced its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,809 shares of the exchange traded fund’s stock after selling 939 shares during the quarter. Advisory Services Network LLC’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $386,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FSTA. Charles Schwab Investment Management Inc. raised its stake in Fidelity MSCI Consumer Staples Index ETF by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,253,707 shares of the exchange traded fund’s stock valued at $111,401,000 after buying an additional 23,267 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 1.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 410,091 shares of the exchange traded fund’s stock valued at $20,271,000 after acquiring an additional 7,615 shares in the last quarter. LPL Financial LLC raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 54.2% in the 4th quarter. LPL Financial LLC now owns 384,690 shares of the exchange traded fund’s stock worth $19,015,000 after purchasing an additional 135,241 shares during the last quarter. Certified Advisory Corp bought a new position in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $10,548,000. Finally, Compass Financial Group INC SD grew its position in Fidelity MSCI Consumer Staples Index ETF by 8.6% during the 4th quarter. Compass Financial Group INC SD now owns 177,042 shares of the exchange traded fund’s stock valued at $8,751,000 after purchasing an additional 14,067 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA:FSTA opened at $50.46 on Thursday. The firm has a market cap of $1.26 billion, a P/E ratio of 24.15 and a beta of 0.62. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $45.37 and a fifty-two week high of $52.96. The firm has a 50-day simple moving average of $50.88 and a two-hundred day simple moving average of $50.51.

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.