Demars Financial Group LLC Raises Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Demars Financial Group LLC boosted its stake in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 96,425.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,055,053 shares of the exchange traded fund’s stock after buying an additional 4,050,852 shares during the period. Fidelity MSCI Consumer Staples Index ETF accounts for about 0.6% of Demars Financial Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Demars Financial Group LLC owned approximately 0.17% of Fidelity MSCI Consumer Staples Index ETF worth $200,441,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of FSTA. Newbridge Financial Services Group Inc. purchased a new stake in Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at approximately $42,000. Cape Investment Advisory Inc. lifted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 1,696.4% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,006 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 950 shares during the last quarter. Allworth Financial LP boosted its position in shares of Fidelity MSCI Consumer Staples Index ETF by 264.1% in the 4th quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 1,854 shares in the last quarter. Wingate Wealth Advisors Inc. purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the fourth quarter worth about $180,000. Finally, Global Retirement Partners LLC raised its position in shares of 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 valued at $180,000 after purchasing an additional 2,193 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Down 1.1 %

FSTA stock opened at $50.46 on Thursday. Fidelity MSCI Consumer Staples Index ETF has a 52 week low of $45.37 and a 52 week high of $52.96. The stock has a market capitalization of $1.26 billion, a PE ratio of 24.15 and a beta of 0.62. The firm has a 50 day moving average of $50.88 and a 200 day 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.