Financial Perspectives Inc Grows Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Financial Perspectives Inc raised its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 2.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,715 shares of the exchange traded fund’s stock after purchasing an additional 2,665 shares during the period. Fidelity MSCI Consumer Staples Index ETF accounts for about 1.9% of Financial Perspectives Inc’s holdings, making the stock its 15th biggest position. Financial Perspectives Inc owned 0.46% of Fidelity MSCI Consumer Staples Index ETF worth $5,059,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Strategic Financial Concepts LLC bought a new position in Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at approximately $31,000. TFC Financial Management Inc. bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the 2nd quarter worth approximately $43,000. American National Bank increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 33.0% during the 1st quarter. American National Bank now owns 1,685 shares of the exchange traded fund’s stock worth $80,000 after acquiring an additional 418 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the 2nd quarter worth approximately $83,000.

Fidelity MSCI Consumer Staples Index ETF Price Performance

FSTA opened at $51.53 on Monday. The firm has a market capitalization of $1.20 billion, a P/E ratio of 25.43 and a beta of 0.48. Fidelity MSCI Consumer Staples Index ETF has a one year low of $40.28 and a one year high of $51.56. The company has a fifty day moving average price of $49.39 and a 200-day moving average price of $48.00.

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.