Marotta Asset Management Purchases 38,246 Shares of Fidelity MSCI Consumer Staples Index ETF $FSTA

Marotta Asset Management increased its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 17.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 258,975 shares of the exchange traded fund’s stock after acquiring an additional 38,246 shares during the period. Fidelity MSCI Consumer Staples Index ETF comprises about 2.2% of Marotta Asset Management’s portfolio, making the stock its 13th biggest position. Marotta Asset Management owned about 0.98% of Fidelity MSCI Consumer Staples Index ETF worth $13,166,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FSTA. Integrated Wealth Concepts LLC acquired a new position in Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF during the second quarter worth $60,000. Motiv8 Investments LLC bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the fourth quarter worth $80,000. Talon Private Wealth LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF in the first quarter valued at $247,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF in the first quarter valued at $269,000.

Fidelity MSCI Consumer Staples Index ETF Stock Up 0.4%

FSTA traded up $0.18 during midday trading on Friday, hitting $50.90. 331,518 shares of the company were exchanged, compared to its average volume of 173,870. The firm’s 50 day moving average price is $53.22 and its 200-day moving average price is $53.05. Fidelity MSCI Consumer Staples Index ETF has a 1-year low of $47.88 and a 1-year high of $56.93. The firm has a market capitalization of $1.34 billion, a P/E ratio of 22.37 and a beta of 0.49.

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.