Envestnet Asset Management Inc. Has $5.67 Million Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Envestnet Asset Management Inc. decreased its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 56.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 114,704 shares of the exchange traded fund’s stock after selling 150,501 shares during the period. Envestnet Asset Management Inc.’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $5,670,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. acquired a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 4th quarter valued at $42,000. Cape Investment Advisory Inc. boosted its position in Fidelity MSCI Consumer Staples Index ETF by 1,696.4% in 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 in the last quarter. Allworth Financial LP grew its stake in Fidelity MSCI Consumer Staples Index ETF by 264.1% during the fourth quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 1,854 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 151.5% during the fourth quarter. Global Retirement Partners LLC now owns 3,641 shares of the exchange traded fund’s stock worth $180,000 after buying an additional 2,193 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the fourth quarter valued at approximately $180,000.

Fidelity MSCI Consumer Staples Index ETF Price Performance

NYSEARCA FSTA opened at $50.92 on Tuesday. The stock’s 50 day simple moving average is $50.86 and its 200 day simple moving average is $50.52. Fidelity MSCI Consumer Staples Index ETF has a one year low of $46.14 and a one year high of $52.96. The firm has a market cap of $1.31 billion, a PE ratio of 24.82 and a beta of 0.61.

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.