Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Hits New 1-Year High – Here’s What Happened

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $56.95 and last traded at $55.3430, with a volume of 167 shares trading hands. The stock had previously closed at $55.78.

Fidelity MSCI Consumer Staples Index ETF Stock Down 0.4%

The company’s 50-day moving average is $50.94 and its 200 day moving average is $50.55. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 22.37 and a beta of 0.56.

Hedge Funds Weigh In On Fidelity MSCI Consumer Staples Index ETF

Large investors have recently bought and sold shares of the business. Elyxium Wealth LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the fourth quarter valued at approximately $26,000. Bogart Wealth LLC acquired a new stake in Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter valued at $32,000. Cullen Frost Bankers Inc. increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 61.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 687 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 261 shares in the last quarter. Private Trust Co. NA raised its position in 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 acquiring an additional 536 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of Fidelity MSCI Consumer Staples Index ETF by 140.6% in the third quarter. Farther Finance Advisors LLC now owns 1,025 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 599 shares during the period.

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.