Commonwealth Equity Services LLC Cuts Holdings in Fidelity MSCI Consumer Staples Index ETF $FSTA

Commonwealth Equity Services LLC lowered its position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 8.4% during the third quarter, Holdings Channel.com reports. The fund owned 386,485 shares of the exchange traded fund’s stock after selling 35,670 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $19,262,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FSTA. Bogart Wealth LLC purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter worth about $32,000. Cullen Frost Bankers Inc. increased its position in Fidelity MSCI Consumer Staples Index ETF by 61.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 687 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 261 shares in the last quarter. Farther Finance Advisors LLC increased its position in Fidelity MSCI Consumer Staples Index ETF by 140.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,025 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 599 shares in the last quarter. Private Trust Co. NA raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 113.8% in the second quarter. Private Trust Co. NA now owns 1,007 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 536 shares during the period. Finally, GPS Wealth Strategies Group LLC acquired a new position in Fidelity MSCI Consumer Staples Index ETF during the second quarter valued at approximately $68,000.

Fidelity MSCI Consumer Staples Index ETF Stock Up 1.0%

FSTA opened at $50.25 on Friday. Fidelity MSCI Consumer Staples Index ETF has a 52-week low of $47.45 and a 52-week high of $52.96. The company has a 50 day moving average of $49.44 and a two-hundred day moving average of $50.34. The company has a market cap of $1.35 billion, a P/E ratio of 22.37 and a beta of 0.56.

Fidelity MSCI Consumer Staples Index ETF 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.