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

Financial Perspectives Inc increased its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 3.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,419 shares of the exchange traded fund’s stock after acquiring an additional 3,544 shares during the period. Fidelity MSCI Consumer Staples Index ETF makes up approximately 2.0% of Financial Perspectives Inc’s investment portfolio, making the stock its 12th biggest position. Financial Perspectives Inc’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $5,890,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. GSB Wealth Management LLC lifted its stake in Fidelity MSCI Consumer Staples Index ETF by 3.7% in the first quarter. GSB Wealth Management LLC now owns 7,542 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 271 shares during the last quarter. Demars Financial Group LLC lifted its stake in Fidelity MSCI Consumer Staples Index ETF by 8.6% in the first quarter. Demars Financial Group LLC now owns 4,404,346 shares of the exchange traded fund’s stock worth $225,194,000 after purchasing an additional 349,293 shares during the last quarter. Lynch & Associates IN lifted its stake in Fidelity MSCI Consumer Staples Index ETF by 4.6% in the first quarter. Lynch & Associates IN now owns 27,842 shares of the exchange traded fund’s stock worth $1,424,000 after purchasing an additional 1,231 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the first quarter worth about $247,000. Finally, CX Institutional bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the first quarter worth about $101,000.

Fidelity MSCI Consumer Staples Index ETF Price Performance

Shares of NYSEARCA FSTA opened at $50.83 on Wednesday. The company has a market cap of $1.34 billion, a P/E ratio of 24.76 and a beta of 0.61. Fidelity MSCI Consumer Staples Index ETF has a 1 year low of $47.04 and a 1 year high of $52.96. The firm has a 50-day simple moving average of $51.39 and a two-hundred day simple moving average of $50.81.

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.