Cape Investment Advisory Inc. Grows Holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Cape Investment Advisory Inc. increased its position in shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 1,696.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,006 shares of the exchange traded fund’s stock after purchasing an additional 950 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $50,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the fourth quarter worth about $42,000. Farther Finance Advisors LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the third quarter worth about $51,000. Allworth Financial LP raised its position in Fidelity MSCI Consumer Staples Index ETF by 264.1% in the fourth quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 1,854 shares during the period. Wingate Wealth Advisors Inc. bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the fourth quarter worth about $180,000. Finally, Global Retirement Partners LLC raised its position in Fidelity MSCI Consumer Staples Index ETF by 151.5% in the fourth quarter. Global Retirement Partners LLC now owns 3,641 shares of the exchange traded fund’s stock worth $180,000 after acquiring an additional 2,193 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Shares of FSTA stock opened at $52.55 on Monday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 25.39 and a beta of 0.63. Fidelity MSCI Consumer Staples Index ETF has a 52 week low of $45.31 and a 52 week high of $52.93. The firm’s 50-day simple moving average is $50.27 and its two-hundred day simple moving average is $50.60.

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.