Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 64.5% in the 2nd quarter, Holdings Channel reports. The firm owned 28,079 shares of the exchange traded fund’s stock after selling 51,068 shares during the period. Cetera Investment Advisers’ holdings in Fidelity MSCI Consumer Staples Index ETF were worth $1,331,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the second quarter valued at approximately $25,000. TFC Financial Management Inc. purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter valued at $43,000. American National Bank boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 33.0% during the 1st quarter. American National Bank now owns 1,685 shares of the exchange traded fund’s stock worth $80,000 after purchasing an additional 418 shares during the period. International Assets Investment Management LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 2nd quarter worth $83,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Fidelity MSCI Consumer Staples Index ETF by 12.6% in 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 purchasing an additional 372 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Shares of NYSEARCA:FSTA opened at $50.94 on Wednesday. Fidelity MSCI Consumer Staples Index ETF has a one year low of $41.03 and a one year high of $51.91. The company has a 50-day simple moving average of $50.43 and a 200-day simple moving average of $48.57. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 25.43 and a beta of 0.48.

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.