Sykon Capital LLC Invests $2.43 Million in Fidelity MSCI Consumer Staples Index ETF $FSTA

Sykon Capital LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 47,557 shares of the exchange traded fund’s stock, valued at approximately $2,433,000. Sykon Capital LLC owned 0.18% of Fidelity MSCI Consumer Staples Index ETF at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Bogart Wealth LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 2nd quarter valued at about $32,000. Cullen Frost Bankers Inc. increased its stake in Fidelity MSCI Consumer Staples Index ETF by 61.3% during the second quarter. Cullen Frost Bankers Inc. now owns 687 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 261 shares during the period. Private Trust Co. NA lifted its position in shares of Fidelity MSCI Consumer Staples Index ETF by 113.8% during the second quarter. Private Trust Co. NA now owns 1,007 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 536 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the second quarter valued at approximately $68,000. Finally, Pacifica Partners Inc. boosted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 117.7% in the second quarter. Pacifica Partners Inc. now owns 1,461 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 790 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

Shares of FSTA stock opened at $49.11 on Monday. Fidelity MSCI Consumer Staples Index ETF has a fifty-two week low of $47.45 and a fifty-two week high of $52.96. The company has a 50 day moving average price of $49.85 and a 200 day moving average price of $50.85. The stock has a market capitalization of $1.29 billion, a P/E ratio of 22.37 and a beta of 0.56.

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.