Arkadios Wealth Advisors Lowers Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Arkadios Wealth Advisors lessened its stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 21.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,535 shares of the exchange traded fund’s stock after selling 8,423 shares during the period. Arkadios Wealth Advisors’ holdings in Fidelity MSCI Consumer Staples Index ETF were worth $1,559,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. AE Wealth Management LLC lifted its holdings in Fidelity MSCI Consumer Staples Index ETF by 14.6% in the second quarter. AE Wealth Management LLC now owns 106,118 shares of the exchange traded fund’s stock valued at $5,030,000 after acquiring an additional 13,540 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings 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 worth $157,000 after buying an additional 372 shares in the last quarter. American National Bank & Trust boosted its holdings in Fidelity MSCI Consumer Staples Index ETF by 36.3% during the third quarter. American National Bank & Trust now owns 3,046 shares of the exchange traded fund’s stock worth $155,000 after buying an additional 811 shares in the last quarter. Marotta Asset Management increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 17.6% in the third quarter. Marotta Asset Management now owns 90,395 shares of the exchange traded fund’s stock valued at $4,615,000 after buying an additional 13,506 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its position in shares of Fidelity MSCI Consumer Staples Index ETF by 2.2% in the third quarter. Beaumont Financial Advisors LLC now owns 32,399 shares of the exchange traded fund’s stock worth $1,654,000 after acquiring an additional 692 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Up 0.7 %

FSTA stock opened at $48.96 on Monday. Fidelity MSCI Consumer Staples Index ETF has a 52-week low of $44.26 and a 52-week high of $52.41. The firm has a market cap of $1.14 billion, a P/E ratio of 25.43 and a beta of 0.48. The company’s 50-day simple moving average is $50.40 and its 200-day simple moving average is $50.03.

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.