Envestnet Asset Management Inc. Has $5.67 Million Stock Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Envestnet Asset Management Inc. reduced its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 56.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,704 shares of the exchange traded fund’s stock after selling 150,501 shares during the period. Envestnet Asset Management Inc. owned approximately 0.49% of Fidelity MSCI Consumer Staples Index ETF worth $5,670,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FSTA. Newbridge Financial Services Group Inc. acquired a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter valued at $42,000. Cape Investment Advisory Inc. lifted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 1,696.4% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,006 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 950 shares during the period. Allworth Financial LP grew its position in Fidelity MSCI Consumer Staples Index ETF by 264.1% during the fourth quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 1,854 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at about $180,000. Finally, Global Retirement Partners LLC raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 151.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,641 shares of the exchange traded fund’s stock valued at $180,000 after acquiring an additional 2,193 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Trading Down 1.2 %

Shares of NYSEARCA:FSTA opened at $50.92 on Tuesday. The firm has a market capitalization of $1.31 billion, a PE ratio of 24.82 and a beta of 0.61. Fidelity MSCI Consumer Staples Index ETF has a 1-year low of $46.14 and a 1-year high of $52.96. The business’s 50 day moving average is $50.86 and its 200-day moving average is $50.52.

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.