Sweeney & Michel LLC Purchases New Position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Sweeney & Michel LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) in the 1st quarter, Holdings Channel reports. The fund purchased 15,629 shares of the exchange traded fund’s stock, valued at approximately $752,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FSTA. Morningstar Investment Services LLC increased its position in shares of Fidelity MSCI Consumer Staples Index ETF by 96.7% during the fourth quarter. Morningstar Investment Services LLC now owns 772,772 shares of the exchange traded fund’s stock valued at $34,435,000 after acquiring an additional 379,953 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth approximately $4,949,000. Charles Schwab Investment Management Inc. grew its position in Fidelity MSCI Consumer Staples Index ETF by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,166,526 shares of the exchange traded fund’s stock worth $96,692,000 after purchasing an additional 61,194 shares during the period. AGF Management Ltd. grew its position in Fidelity MSCI Consumer Staples Index ETF by 42.1% in the 4th quarter. AGF Management Ltd. now owns 123,104 shares of the exchange traded fund’s stock worth $5,494,000 after purchasing an additional 36,484 shares during the period. Finally, Southern Capital Advisors LLC grew its position in Fidelity MSCI Consumer Staples Index ETF by 98.0% in the 4th quarter. Southern Capital Advisors LLC now owns 71,015 shares of the exchange traded fund’s stock worth $3,169,000 after purchasing an additional 35,150 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Trading Down 0.3 %

NYSEARCA:FSTA traded down $0.17 during trading hours on Tuesday, reaching $48.47. The company had a trading volume of 169,897 shares, compared to its average volume of 88,248. Fidelity MSCI Consumer Staples Index ETF has a 52 week low of $40.28 and a 52 week high of $48.94. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 25.43 and a beta of 0.48. The firm’s 50 day moving average price is $47.91 and its 200-day moving average price is $46.93.

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.