Wells Fargo & Company MN Boosts Stock Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Wells Fargo & Company MN lifted its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 26.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,872 shares of the exchange traded fund’s stock after buying an additional 7,566 shares during the period. Wells Fargo & Company MN owned approximately 0.15% of Fidelity MSCI Consumer Staples Index ETF worth $1,773,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Marotta Asset Management lifted its position in Fidelity MSCI Consumer Staples Index ETF by 3.6% in the fourth quarter. Marotta Asset Management now owns 93,656 shares of the exchange traded fund’s stock valued at $4,613,000 after purchasing an additional 3,261 shares during the last quarter. Avondale Wealth Management bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter valued at $5,180,000. Define Financial LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter valued at $213,000. Certified Advisory Corp purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the fourth quarter valued at about $10,548,000. Finally, LongView Wealth Management raised its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 12.1% during the fourth quarter. LongView Wealth Management now owns 5,712 shares of the exchange traded fund’s stock valued at $282,000 after acquiring an additional 615 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Price Performance

NYSEARCA FSTA opened at $50.94 on Friday. Fidelity MSCI Consumer Staples Index ETF has a 1 year low of $46.38 and a 1 year high of $52.96. The stock has a market capitalization of $1.31 billion, a PE ratio of 24.82 and a beta of 0.61. The business’s 50-day moving average is $50.82 and its 200 day moving average is $50.56.

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.