Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Sees Large Volume Increase – What’s Next?

Posted by Thomas Dobrow on Nov 22nd, 2024

Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Get Free Report) saw strong trading volume on Friday . 204,598 shares were traded during trading, an increase of 130% from the previous session’s volume of 89,041 shares.The stock last traded at $51.43 and had previously closed at $50.94.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.0 %

The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 25.43 and a beta of 0.48. The company has a fifty day moving average of $50.47 and a two-hundred day moving average of $49.28.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Institutional investors have recently bought and sold shares of the business. Strategic Financial Concepts LLC bought a new position in Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter worth approximately $25,000. TFC Financial Management Inc. acquired a new stake in Fidelity MSCI Consumer Staples Index ETF in the second quarter worth $43,000. Farther Finance Advisors LLC bought a new position in Fidelity MSCI Consumer Staples Index ETF during the third quarter worth about $51,000. International Assets Investment Management LLC acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter valued at approximately $83,000. Finally, American National Bank increased its position in shares of Fidelity MSCI Consumer Staples Index ETF by 32.6% during the second quarter. American National Bank now owns 2,235 shares of the exchange traded fund’s stock worth $106,000 after acquiring an additional 550 shares in the last quarter.

About Fidelity MSCI Consumer Staples Index ETF

(Get Free Report)

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.