Atlas Capital Advisors Inc. Makes New Investment in Fidelity MSCI Consumer Staples Index ETF $FSTA

Atlas Capital Advisors Inc. bought a new position in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 61,323 shares of the exchange traded fund’s stock, valued at approximately $3,016,000.

A number of other hedge funds have also added to or reduced their stakes in FSTA. Charles Schwab Investment Management Inc. grew its stake in Fidelity MSCI Consumer Staples Index ETF by 7.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,543,555 shares of the exchange traded fund’s stock worth $125,117,000 after acquiring an additional 167,871 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Fidelity MSCI Consumer Staples Index ETF by 60.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 363,019 shares of the exchange traded fund’s stock worth $18,093,000 after acquiring an additional 137,407 shares in the last quarter. Two Sigma Investments LP grew its stake in Fidelity MSCI Consumer Staples Index ETF by 1,658.1% in the 3rd quarter. Two Sigma Investments LP now owns 130,100 shares of the exchange traded fund’s stock worth $6,484,000 after acquiring an additional 122,700 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $4,858,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Fidelity MSCI Consumer Staples Index ETF during the third quarter valued at approximately $4,679,000.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA FSTA opened at $54.11 on Friday. The firm’s 50 day moving average price is $53.06 and its 200-day moving average price is $52.54. Fidelity MSCI Consumer Staples Index ETF has a 52-week low of $47.88 and a 52-week high of $56.93. The company has a market cap of $1.44 billion, a PE ratio of 22.37 and a beta of 0.50.

Fidelity MSCI Consumer Staples Index ETF Company 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.