Sunbelt Securities Inc. Trims Stock Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Sunbelt Securities Inc. decreased its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 27.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,186 shares of the exchange traded fund’s stock after selling 3,878 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $483,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in Fidelity MSCI Consumer Staples Index ETF by 12.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,315 shares of the exchange traded fund’s stock valued at $157,000 after buying an additional 372 shares during the period. AE Wealth Management LLC lifted its stake in Fidelity MSCI Consumer Staples Index ETF by 14.6% in the 2nd quarter. AE Wealth Management LLC now owns 106,118 shares of the exchange traded fund’s stock valued at $5,030,000 after buying an additional 13,540 shares in the last quarter. Financial Perspectives Inc increased its stake in Fidelity MSCI Consumer Staples Index ETF by 2.6% during the 2nd quarter. Financial Perspectives Inc now owns 106,715 shares of the exchange traded fund’s stock worth $5,059,000 after buying an additional 2,665 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Fidelity MSCI Consumer Staples Index ETF by 12.4% during the second quarter. J.W. Cole Advisors Inc. now owns 63,853 shares of the exchange traded fund’s stock worth $3,027,000 after purchasing an additional 7,068 shares in the last quarter. Finally, AGF Management Ltd. raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 18.4% in the second quarter. AGF Management Ltd. now owns 83,589 shares of the exchange traded fund’s stock valued at $3,962,000 after buying an additional 12,972 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA FSTA opened at $50.90 on Wednesday. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $40.28 and a fifty-two week high of $51.91. The firm has a market capitalization of $1.18 billion, a P/E ratio of 25.43 and a beta of 0.48. The stock’s fifty day moving average is $50.06 and its two-hundred day moving average is $48.35.

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.