Avondale Wealth Management Purchases New Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Avondale Wealth Management acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 104,796 shares of the exchange traded fund’s stock, valued at approximately $5,180,000. Fidelity MSCI Consumer Staples Index ETF makes up approximately 3.3% of Avondale Wealth Management’s portfolio, making the stock its 8th largest holding. Avondale Wealth Management owned about 0.45% of Fidelity MSCI Consumer Staples Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the third quarter worth $51,000. American National Bank & Trust raised its stake in Fidelity MSCI Consumer Staples Index ETF by 36.3% in the third quarter. American National Bank & Trust now owns 3,046 shares of the exchange traded fund’s stock valued at $155,000 after buying an additional 811 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 12.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,315 shares of the exchange traded fund’s stock valued at $157,000 after purchasing an additional 372 shares during the last quarter. OneDigital Investment Advisors LLC bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the third quarter worth approximately $213,000. Finally, Demars Financial Group LLC acquired a new position in Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $214,000.

Fidelity MSCI Consumer Staples Index ETF Trading Down 1.1 %

FSTA traded down $0.52 on Friday, reaching $48.37. The stock had a trading volume of 28,882 shares, compared to its average volume of 124,983. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $44.26 and a fifty-two week high of $52.41. The firm has a 50-day moving average of $50.59 and a 200-day moving average of $49.96. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 25.43 and a beta of 0.48.

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.