Meridian Wealth Management LLC lowered its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Free Report) by 16.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,211 shares of the exchange traded fund’s stock after selling 2,689 shares during the period. Meridian Wealth Management LLC’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $653,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of FSTA. Certified Advisory Corp purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth $10,548,000. Larson Financial Group LLC raised its position in Fidelity MSCI Consumer Staples Index ETF by 523.6% during the 3rd quarter. Larson Financial Group LLC now owns 159,195 shares of the exchange traded fund’s stock worth $8,127,000 after buying an additional 133,667 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth $5,787,000. Avondale Wealth Management purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth $5,180,000. Finally, Roxbury Financial LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth $2,963,000.
Fidelity MSCI Consumer Staples Index ETF Stock Performance
Shares of Fidelity MSCI Consumer Staples Index ETF stock opened at $51.82 on Wednesday. Fidelity MSCI Consumer Staples Index ETF has a one year low of $45.31 and a one year high of $52.96. The company has a market cap of $1.28 billion, a P/E ratio of 25.39 and a beta of 0.63. The firm has a fifty day moving average of $50.33 and a two-hundred day moving average of $50.62.
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.
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