Avantax Advisory Services Inc. Invests $404,000 in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Avantax Advisory Services Inc. purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,894 shares of the exchange traded fund’s stock, valued at approximately $404,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at approximately $337,000. Wells Fargo & Company MN raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 26.7% during the fourth quarter. Wells Fargo & Company MN now owns 35,872 shares of the exchange traded fund’s stock valued at $1,773,000 after buying an additional 7,566 shares during the last quarter. KDK Private Wealth Management LLC bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at approximately $1,208,000. Demars Financial Group LLC raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 96,425.9% during the fourth quarter. Demars Financial Group LLC now owns 4,055,053 shares of the exchange traded fund’s stock valued at $200,441,000 after buying an additional 4,050,852 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 16.5% during the fourth quarter. GeoWealth Management LLC now owns 8,763 shares of the exchange traded fund’s stock valued at $433,000 after buying an additional 1,244 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.6%

FSTA opened at $51.49 on Thursday. The business’s 50 day moving average is $51.30 and its 200-day moving average is $51.05. The stock has a market cap of $1.35 billion, a PE ratio of 22.37 and a beta of 0.60. Fidelity MSCI Consumer Staples Index ETF has a twelve month low of $47.45 and a twelve month high of $52.96.

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.