Fidelity MSCI Consumer Staples Index ETF $FSTA Shares Bought by Marotta Asset Management

Marotta Asset Management increased its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 17.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 258,975 shares of the exchange traded fund’s stock after buying an additional 38,246 shares during the period. Fidelity MSCI Consumer Staples Index ETF makes up 2.2% of Marotta Asset Management’s holdings, making the stock its 13th biggest holding. Marotta Asset Management’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $13,166,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FSTA. Lido Advisors LLC boosted its position in Fidelity MSCI Consumer Staples Index ETF by 1.3% during the first quarter. Lido Advisors LLC now owns 1,358,767 shares of the exchange traded fund’s stock valued at $71,104,000 after acquiring an additional 16,876 shares during the last quarter. Fischer Financial Services Inc. raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 1.2% in the 1st quarter. Fischer Financial Services Inc. now owns 143,702 shares of the exchange traded fund’s stock worth $7,520,000 after acquiring an additional 1,692 shares in the last quarter. Assetmark Inc. raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 1.2% in the 1st quarter. Assetmark Inc. now owns 133,114 shares of the exchange traded fund’s stock worth $6,966,000 after acquiring an additional 1,603 shares in the last quarter. Bellwether Advisors LLC acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 1st quarter valued at about $5,798,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 4.9% in the 2nd quarter. NewEdge Advisors LLC now owns 84,762 shares of the exchange traded fund’s stock valued at $4,453,000 after purchasing an additional 3,979 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Trading Up 0.4%

NYSEARCA FSTA traded up $0.18 during trading hours on Friday, hitting $50.90. 331,518 shares of the company’s stock were exchanged, compared to its average volume of 173,870. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 22.37 and a beta of 0.49. The stock has a 50-day simple moving average of $53.22 and a 200 day simple moving average of $53.05. Fidelity MSCI Consumer Staples Index ETF has a 1-year low of $47.88 and a 1-year high of $56.93.

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.