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

Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) saw an uptick in trading volume on Tuesday . 372,702 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 208,400 shares.The stock last traded at $54.0660 and had previously closed at $52.86.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.6%

The company has a market cap of $1.43 billion, a price-to-earnings ratio of 22.37 and a beta of 0.56. The business has a 50-day moving average price of $50.53 and a 200 day moving average price of $50.44.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its position in Fidelity MSCI Consumer Staples Index ETF by 4.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 5,045 shares of the exchange traded fund’s stock worth $258,000 after purchasing an additional 209 shares in the last quarter. Pathway Financial Advisers LLC raised its position in Fidelity MSCI Consumer Staples Index ETF by 4.7% during the second quarter. Pathway Financial Advisers LLC now owns 4,849 shares of the exchange traded fund’s stock valued at $248,000 after buying an additional 217 shares during the period. Centaurus Financial Inc. lifted its stake in Fidelity MSCI Consumer Staples Index ETF by 9.0% in the 2nd quarter. Centaurus Financial Inc. now owns 3,085 shares of the exchange traded fund’s stock worth $158,000 after acquiring an additional 255 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in Fidelity MSCI Consumer Staples Index ETF by 61.3% during 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 during the period. Finally, Soltis Investment Advisors LLC increased its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 3.4% in the 2nd quarter. Soltis Investment Advisors LLC now owns 8,376 shares of the exchange traded fund’s stock valued at $428,000 after purchasing an additional 273 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.