Fidelity MSCI Consumer Staples Index ETF $FSTA Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. trimmed its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,562 shares of the exchange traded fund’s stock after selling 415 shares during the quarter. Exchange Capital Management Inc. owned approximately 0.08% of Fidelity MSCI Consumer Staples Index ETF worth $1,052,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its position in Fidelity MSCI Consumer Staples Index ETF by 4.3% during the second quarter. Janney Montgomery Scott LLC now owns 5,045 shares of the exchange traded fund’s stock valued at $258,000 after buying an additional 209 shares during the period. Beaumont Financial Advisors LLC boosted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 1.3% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 37,885 shares of the exchange traded fund’s stock worth $1,938,000 after acquiring an additional 496 shares in the last quarter. CX Institutional increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 108.1% in the 2nd quarter. CX Institutional now owns 4,122 shares of the exchange traded fund’s stock valued at $211,000 after purchasing an additional 2,141 shares in the last quarter. GSB Wealth Management LLC increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 10.6% in the 2nd quarter. GSB Wealth Management LLC now owns 8,342 shares of the exchange traded fund’s stock valued at $427,000 after purchasing an additional 800 shares in the last quarter. Finally, Pacifica Partners Inc. raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 117.7% in the 2nd quarter. Pacifica Partners Inc. now owns 1,461 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 790 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Trading Up 0.1%

Shares of FSTA stock opened at $49.64 on Friday. Fidelity MSCI Consumer Staples Index ETF has a 12-month low of $47.45 and a 12-month high of $52.96. The business’s 50 day moving average is $50.98 and its two-hundred day moving average is $51.04. The company has a market capitalization of $1.29 billion, a P/E ratio of 22.37 and a beta of 0.60.

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.