Independent Advisor Alliance Cuts Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Independent Advisor Alliance lowered its stake in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 4.8% in the third quarter, Holdings Channel reports. The institutional investor owned 7,821 shares of the exchange traded fund’s stock after selling 392 shares during the period. Independent Advisor Alliance’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Cetera Investment Advisers boosted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 101.0% in the 1st quarter. Cetera Investment Advisers now owns 79,147 shares of the exchange traded fund’s stock valued at $3,766,000 after buying an additional 39,768 shares in the last quarter. Cetera Advisors LLC increased its position in shares of Fidelity MSCI Consumer Staples Index ETF by 29.6% during the first quarter. Cetera Advisors LLC now owns 7,554 shares of the exchange traded fund’s stock worth $359,000 after purchasing an additional 1,724 shares in the last quarter. Pathway Financial Advisers LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at $228,000. CWM LLC boosted its position in shares of Fidelity MSCI Consumer Staples Index ETF by 767.9% in the 2nd quarter. CWM LLC now owns 3,645 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 3,225 shares in the last quarter. Finally, Sweeney & Michel LLC grew its stake in Fidelity MSCI Consumer Staples Index ETF by 10.1% during the 2nd quarter. Sweeney & Michel LLC now owns 17,204 shares of the exchange traded fund’s stock worth $817,000 after buying an additional 1,575 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Fidelity MSCI Consumer Staples Index ETF stock opened at $52.05 on Friday. Fidelity MSCI Consumer Staples Index ETF has a one year low of $42.92 and a one year high of $52.30. The stock has a market cap of $1.21 billion, a PE ratio of 25.43 and a beta of 0.48. The stock has a 50-day moving average of $50.50 and a two-hundred day moving average of $49.40.

Fidelity MSCI Consumer Staples Index ETF Company 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.