Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Short Interest Update
by Scott Moore · The Cerbat GemFidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 98,996 shares, a drop of 56.3% from the March 31st total of 226,432 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 158,479 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Trading of Fidelity MSCI Consumer Staples Index ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its position in Fidelity MSCI Consumer Staples Index ETF by 7.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,543,555 shares of the exchange traded fund’s stock valued at $125,117,000 after acquiring an additional 167,871 shares during the period. Envestnet Asset Management Inc. boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 60.9% during the third quarter. Envestnet Asset Management Inc. now owns 363,019 shares of the exchange traded fund’s stock worth $18,093,000 after acquiring an additional 137,407 shares in the last quarter. Two Sigma Investments LP grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 1,658.1% in the third quarter. Two Sigma Investments LP now owns 130,100 shares of the exchange traded fund’s stock worth $6,484,000 after purchasing an additional 122,700 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the fourth quarter worth about $4,858,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Fidelity MSCI Consumer Staples Index ETF during the third quarter valued at approximately $4,679,000.
Fidelity MSCI Consumer Staples Index ETF Price Performance
FSTA stock traded down $0.08 during midday trading on Friday, hitting $53.37. The stock had a trading volume of 111,048 shares, compared to its average volume of 212,429. The business has a 50-day moving average of $53.61 and a two-hundred day moving average of $51.65. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 22.37 and a beta of 0.53. Fidelity MSCI Consumer Staples Index ETF has a 52-week low of $47.88 and a 52-week high of $56.93.
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.