Independent Advisor Alliance Buys 11,726 Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Independent Advisor Alliance lifted its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 149.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 19,547 shares of the exchange traded fund’s stock after purchasing an additional 11,726 shares during the period. Independent Advisor Alliance’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Soltis Investment Advisors LLC boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 6.0% during the third quarter. Soltis Investment Advisors LLC now owns 8,322 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 474 shares during the period. LongView Wealth Management boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 12.1% during the fourth quarter. LongView Wealth Management now owns 5,712 shares of the exchange traded fund’s stock valued at $282,000 after buying an additional 615 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at $42,000. Cape Investment Advisory Inc. boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 1,696.4% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,006 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 950 shares during the period. Finally, J.W. Cole Advisors Inc. boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 2.0% during the fourth quarter. J.W. Cole Advisors Inc. now owns 64,792 shares of the exchange traded fund’s stock valued at $3,203,000 after buying an additional 1,250 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA:FSTA opened at $49.77 on Friday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 23.86 and a beta of 0.60. Fidelity MSCI Consumer Staples Index ETF has a 52-week low of $45.31 and a 52-week high of $52.96. The stock has a fifty day moving average of $50.57 and a 200 day moving average of $50.67.

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.