Truist Financial Corp Decreases Stake in Fidelity MSCI Consumer Staples Index ETF $FSTA

Truist Financial Corp cut its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,684 shares of the exchange traded fund’s stock after selling 886 shares during the quarter. Truist Financial Corp owned 0.07% of Fidelity MSCI Consumer Staples Index ETF worth $905,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FSTA. Demars Financial Group LLC raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 8.6% in the first quarter. Demars Financial Group LLC now owns 4,404,346 shares of the exchange traded fund’s stock worth $225,194,000 after acquiring an additional 349,293 shares during the last quarter. CacheTech Inc. acquired a new stake in Fidelity MSCI Consumer Staples Index ETF during the first quarter worth about $5,269,000. Foundations Investment Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at about $4,620,000. Jones Financial Companies Lllp raised its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 1,124.0% during the 1st quarter. Jones Financial Companies Lllp now owns 70,957 shares of the exchange traded fund’s stock valued at $3,628,000 after buying an additional 65,160 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in Fidelity MSCI Consumer Staples Index ETF by 54.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 177,159 shares of the exchange traded fund’s stock valued at $9,058,000 after purchasing an additional 62,455 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Down 0.4%

Shares of NYSEARCA FSTA opened at $49.48 on Tuesday. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $47.45 and a fifty-two week high of $52.96. The business has a 50 day moving average price of $50.82 and a two-hundred day moving average price of $51.04. The firm has a market cap of $1.31 billion, a PE 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.