Demars Financial Group LLC Decreases Stock Position in Fidelity MSCI Consumer Staples Index ETF $FSTA

Demars Financial Group LLC trimmed its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 99.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,193 shares of the exchange traded fund’s stock after selling 4,388,153 shares during the period. Demars Financial Group LLC owned approximately 0.06% of Fidelity MSCI Consumer Staples Index ETF worth $828,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FSTA. Commonwealth Equity Services LLC grew its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 6.2% during the first quarter. Commonwealth Equity Services LLC now owns 435,448 shares of the exchange traded fund’s stock valued at $22,264,000 after acquiring an additional 25,357 shares in the last quarter. Compass Financial Group INC SD grew its stake in Fidelity MSCI Consumer Staples Index ETF by 10.0% during the 2nd quarter. Compass Financial Group INC SD now owns 218,431 shares of the exchange traded fund’s stock valued at $11,173,000 after purchasing an additional 19,935 shares in the last quarter. Certified Advisory Corp increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 1.7% during the 1st quarter. Certified Advisory Corp now owns 217,111 shares of the exchange traded fund’s stock worth $11,101,000 after purchasing an additional 3,725 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 54.4% in 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. Finally, Larson Financial Group LLC boosted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 3.3% during the 1st quarter. Larson Financial Group LLC now owns 176,452 shares of the exchange traded fund’s stock valued at $9,022,000 after buying an additional 5,704 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.2%

FSTA stock opened at $50.70 on Monday. The firm has a 50 day simple moving average of $50.73 and a 200-day simple moving average of $51.01. The company has a market capitalization of $1.34 billion, a P/E 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.