Envestnet Asset Management Inc. Boosts Stock Position in Fidelity MSCI Consumer Staples Index ETF $FSTA

Envestnet Asset Management Inc. increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 60.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 363,019 shares of the exchange traded fund’s stock after purchasing an additional 137,407 shares during the quarter. Envestnet Asset Management Inc. owned 1.38% of Fidelity MSCI Consumer Staples Index ETF worth $18,093,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 3rd quarter worth $69,000. AGF Management Ltd. raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 10.2% during the third quarter. AGF Management Ltd. now owns 468,321 shares of the exchange traded fund’s stock worth $23,341,000 after purchasing an additional 43,330 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 12.4% during the third quarter. Jones Financial Companies Lllp now owns 15,641 shares of the exchange traded fund’s stock worth $776,000 after purchasing an additional 1,722 shares in the last quarter. AE Wealth Management LLC lifted its position in Fidelity MSCI Consumer Staples Index ETF by 5.2% in the third quarter. AE Wealth Management LLC now owns 140,953 shares of the exchange traded fund’s stock valued at $7,025,000 after purchasing an additional 6,995 shares during the period. Finally, OneAscent Financial Services LLC boosted its holdings in Fidelity MSCI Consumer Staples Index ETF by 2.8% in the 3rd quarter. OneAscent Financial Services LLC now owns 15,301 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 422 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Trading Up 0.3%

Shares of FSTA stock opened at $56.57 on Friday. The stock has a 50 day simple moving average of $51.51 and a 200-day simple moving average of $50.71. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 22.37 and a beta of 0.56. Fidelity MSCI Consumer Staples Index ETF has a 12-month low of $47.45 and a 12-month high of $56.87.

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.