Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Short Interest Update

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 134,231 shares, a drop of 15.4% from the February 12th total of 158,740 shares. Based on an average daily trading volume, of 179,407 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 179,407 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds have recently made changes to their positions in the company. Lido Advisors LLC lifted its position in Fidelity MSCI Consumer Staples Index ETF by 5.1% during the second quarter. Lido Advisors LLC now owns 1,399,498 shares of the exchange traded fund’s stock valued at $71,584,000 after buying an additional 67,375 shares during the period. AlphaCore Capital LLC purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter worth about $146,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 805.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 22,762 shares of the exchange traded fund’s stock worth $1,164,000 after acquiring an additional 20,249 shares in the last quarter. Compass Financial Group INC SD increased its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 20.0% in the 3rd quarter. Compass Financial Group INC SD now owns 262,100 shares of the exchange traded fund’s stock worth $13,063,000 after acquiring an additional 43,669 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Fidelity MSCI Consumer Staples Index ETF by 60.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 363,019 shares of the exchange traded fund’s stock valued at $18,093,000 after acquiring an additional 137,407 shares during the period.

Fidelity MSCI Consumer Staples Index ETF Trading Up 0.5%

Fidelity MSCI Consumer Staples Index ETF stock traded up $0.25 during trading hours on Monday, hitting $54.18. 18,566 shares of the stock traded hands, compared to its average volume of 220,859. Fidelity MSCI Consumer Staples Index ETF has a one year low of $47.45 and a one year high of $56.93. The firm’s 50-day moving average price is $53.76 and its two-hundred day moving average price is $51.24. The company has a market cap of $1.42 billion, a PE ratio of 22.37 and a beta of 0.56.

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.