Assetmark Inc. Sells 6,051 Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Assetmark Inc. trimmed its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 35.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,823 shares of the exchange traded fund’s stock after selling 6,051 shares during the quarter. Assetmark Inc.’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pacifica Partners Inc. bought a new position in Fidelity MSCI Consumer Staples Index ETF in the 1st quarter worth about $35,000. CX Institutional bought a new position in Fidelity MSCI Consumer Staples Index ETF in the first quarter worth approximately $101,000. Allworth Financial LP increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 10.3% during the 1st quarter. Allworth Financial LP now owns 2,819 shares of the exchange traded fund’s stock worth $144,000 after purchasing an additional 263 shares during the period. Janney Montgomery Scott LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 1st quarter worth $247,000. Finally, Retirement Planning Group LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at $289,000.

Fidelity MSCI Consumer Staples Index ETF Trading Up 0.4%

Shares of FSTA stock opened at $50.64 on Friday. Fidelity MSCI Consumer Staples Index ETF has a twelve month low of $47.45 and a twelve month high of $52.96. The stock has a fifty day simple moving average of $51.34 and a two-hundred day simple moving average of $51.00. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 22.37 and a beta of 0.60.

Fidelity MSCI Consumer Staples Index ETF 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.