Acorn Financial Advisory Services Inc. ADV Grows Holdings in Fidelity MSCI Consumer Staples Index ETF $FSTA

Acorn Financial Advisory Services Inc. ADV lifted its holdings in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) by 35.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,726 shares of the exchange traded fund’s stock after buying an additional 1,507 shares during the quarter. Acorn Financial Advisory Services Inc. ADV’s holdings in Fidelity MSCI Consumer Staples Index ETF were worth $293,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Park Avenue Securities LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at about $341,000. CX Institutional purchased a new stake in Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at about $101,000. Janney Montgomery Scott LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF during the 1st quarter valued at about $247,000. Lynch & Associates IN grew its position in Fidelity MSCI Consumer Staples Index ETF by 4.6% during the 1st quarter. Lynch & Associates IN now owns 27,842 shares of the exchange traded fund’s stock valued at $1,424,000 after purchasing an additional 1,231 shares during the last quarter. Finally, Demars Financial Group LLC grew its position in Fidelity MSCI Consumer Staples Index ETF by 8.6% during the 1st quarter. Demars Financial Group LLC now owns 4,404,346 shares of the exchange traded fund’s stock valued at $225,194,000 after purchasing an additional 349,293 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Shares of FSTA stock opened at $49.48 on Tuesday. Fidelity MSCI Consumer Staples Index ETF has a one year low of $47.45 and a one year high of $52.96. The company’s 50-day moving average is $50.82 and its 200 day moving average is $51.04. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 22.37 and a beta of 0.60.

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.