Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Sees Strong Trading Volume

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) shares saw unusually-high trading volume on Friday . Approximately 145,961 shares changed hands during trading, an increase of 55% from the previous session’s volume of 93,887 shares.The stock last traded at $48.02 and had previously closed at $47.88.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

The stock has a market cap of $1.12 billion, a PE ratio of 25.43 and a beta of 0.48. The firm has a fifty day moving average price of $47.08 and a 200 day moving average price of $45.53.

Hedge Funds Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of FSTA. Sweeney & Michel LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF in the 1st quarter worth $752,000. SVB Wealth LLC purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the first quarter worth about $270,000. Avidian Wealth Solutions LLC lifted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 49.3% during the first quarter. Avidian Wealth Solutions LLC now owns 8,760 shares of the exchange traded fund’s stock worth $417,000 after purchasing an additional 2,893 shares during the period. Lincoln National Corp boosted its position in Fidelity MSCI Consumer Staples Index ETF by 12.3% in the first quarter. Lincoln National Corp now owns 98,482 shares of the exchange traded fund’s stock valued at $4,686,000 after buying an additional 10,824 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 49.6% in the 1st quarter. Private Advisor Group LLC now owns 18,169 shares of the exchange traded fund’s stock worth $864,000 after buying an additional 6,027 shares during the period.

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.