Brookstone Capital Management Trims Stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)

Brookstone Capital Management reduced its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 2.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,593 shares of the exchange traded fund’s stock after selling 298 shares during the period. Brookstone Capital Management owned about 0.05% of Fidelity MSCI Consumer Staples Index ETF worth $599,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FSTA. Morningstar Investment Services LLC grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 96.7% in the fourth quarter. Morningstar Investment Services LLC now owns 772,772 shares of the exchange traded fund’s stock valued at $34,435,000 after purchasing an additional 379,953 shares during the period. International Assets Investment Management LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF in the fourth quarter valued at approximately $4,949,000. Charles Schwab Investment Management Inc. grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,166,526 shares of the exchange traded fund’s stock valued at $96,692,000 after purchasing an additional 61,194 shares during the period. CX Institutional grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 356.5% in the fourth quarter. CX Institutional now owns 68,479 shares of the exchange traded fund’s stock valued at $3,056,000 after purchasing an additional 53,478 shares during the period. Finally, AGF Management Ltd. grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 42.1% in the fourth quarter. AGF Management Ltd. now owns 123,104 shares of the exchange traded fund’s stock valued at $5,494,000 after purchasing an additional 36,484 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Trading Down 0.5 %

Shares of FSTA opened at $47.40 on Monday. The stock’s 50 day moving average is $47.73 and its two-hundred day moving average is $46.40. The firm has a market cap of $1.10 billion, a P/E ratio of 25.43 and a beta of 0.48. Fidelity MSCI Consumer Staples Index ETF has a 12 month low of $40.28 and a 12 month high of $48.89.

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.