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) reached a new 52-week high on Monday . The stock traded as high as $56.95 and last traded at $55.3430, with a volume of 167 shares changing hands. The stock had previously closed at $55.78.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

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

Hedge Funds Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds have recently bought and sold shares of the company. Meridian Wealth Management LLC lifted its holdings in Fidelity MSCI Consumer Staples Index ETF by 1.8% during the 4th quarter. Meridian Wealth Management LLC now owns 11,791 shares of the exchange traded fund’s stock worth $580,000 after buying an additional 204 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of 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 buying an additional 209 shares during the last quarter. Pathway Financial Advisers LLC lifted its position in Fidelity MSCI Consumer Staples Index ETF by 4.7% in the second quarter. Pathway Financial Advisers LLC now owns 4,849 shares of the exchange traded fund’s stock valued at $248,000 after acquiring an additional 217 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in shares of 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 valued at $158,000 after purchasing an additional 255 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 61.3% in the second quarter. Cullen Frost Bankers Inc. now owns 687 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 261 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.