Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Short Interest Update
by Renee Jackson · The Cerbat GemFidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 34,501 shares, a decrease of 68.3% from the April 30th total of 108,730 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 167,879 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Fidelity MSCI Consumer Staples Index ETF
Several large investors have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 7.1% in 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 purchasing an additional 167,871 shares in the last quarter. Lido Advisors LLC increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 1.3% in the 1st quarter. Lido Advisors LLC now owns 1,358,767 shares of the exchange traded fund’s stock valued at $71,104,000 after purchasing an additional 16,876 shares in the last quarter. LPL Financial LLC increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 6.5% in the 4th quarter. LPL Financial LLC now owns 524,438 shares of the exchange traded fund’s stock valued at $25,797,000 after purchasing an additional 31,965 shares in the last quarter. AGF Management Ltd. increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 10.2% in the 3rd quarter. AGF Management Ltd. now owns 468,321 shares of the exchange traded fund’s stock valued at $23,341,000 after purchasing an additional 43,330 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Fidelity MSCI Consumer Staples Index ETF by 4.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 403,858 shares of the exchange traded fund’s stock valued at $19,866,000 after purchasing an additional 17,373 shares in the last quarter.
Fidelity MSCI Consumer Staples Index ETF Stock Down 2.0%
Shares of FSTA stock traded down $1.04 on Friday, reaching $52.11. 267,718 shares of the stock were exchanged, compared to its average volume of 195,670. The stock has a market cap of $1.39 billion, a P/E ratio of 22.37 and a beta of 0.52. The firm has a 50 day moving average of $52.91 and a two-hundred day moving average of $52.31. Fidelity MSCI Consumer Staples Index ETF has a 1-year low of $47.88 and a 1-year high of $56.93.
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.