Marotta Asset Management Grows Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Marotta Asset Management lifted its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 93,656 shares of the exchange traded fund’s stock after purchasing an additional 3,261 shares during the period. Fidelity MSCI Consumer Staples Index ETF makes up approximately 1.0% of Marotta Asset Management’s holdings, making the stock its 28th largest holding. Marotta Asset Management’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $4,613,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AGF Management Ltd. boosted its position in shares of Fidelity MSCI Consumer Staples Index ETF by 18.4% during the 2nd quarter. AGF Management Ltd. now owns 83,589 shares of the exchange traded fund’s stock worth $3,962,000 after purchasing an additional 12,972 shares during the period. Financial Perspectives Inc raised its position in Fidelity MSCI Consumer Staples Index ETF by 2.6% in the 2nd quarter. Financial Perspectives Inc now owns 106,715 shares of the exchange traded fund’s stock valued at $5,059,000 after purchasing an additional 2,665 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Fidelity MSCI Consumer Staples Index ETF by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,230,440 shares of the exchange traded fund’s stock worth $113,864,000 after buying an additional 20,827 shares in the last quarter. Creative Planning increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 23.0% during the third quarter. Creative Planning now owns 6,324 shares of the exchange traded fund’s stock worth $323,000 after buying an additional 1,181 shares during the period. Finally, FMR LLC raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 16.6% in the third quarter. FMR LLC now owns 59,932 shares of the exchange traded fund’s stock valued at $3,060,000 after acquiring an additional 8,511 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Fidelity MSCI Consumer Staples Index ETF stock traded down $0.31 during midday trading on Friday, reaching $48.58. The company’s stock had a trading volume of 20,370 shares, compared to its average volume of 123,192. The stock’s 50 day simple moving average is $50.59 and its 200 day simple moving average is $49.96. The firm has a market capitalization of $1.13 billion, a PE ratio of 25.43 and a beta of 0.48. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $44.26 and a fifty-two week high of $52.41.

About Fidelity MSCI Consumer Staples Index ETF

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.