Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 34,501 shares, a decline of 68.3% from the April 30th total of 108,730 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 167,879 shares, the short-interest ratio is presently 0.2 days.
Fidelity MSCI Consumer Staples Index ETF Stock Down 2.0%
Shares of NYSEARCA:FSTA traded down $1.04 during mid-day trading on Friday, reaching $52.11. 267,718 shares of the stock were exchanged, compared to its average volume of 195,670. The stock’s 50 day simple moving average is $52.91 and its 200-day simple moving average is $52.28. Fidelity MSCI Consumer Staples Index ETF has a one year low of $47.88 and a one year high of $56.93. The company has a market cap of $1.39 billion, a P/E ratio of 22.37 and a beta of 0.52.
Hedge Funds Weigh In On Fidelity MSCI Consumer Staples Index ETF
Hedge funds have recently made changes to their positions in the business. Marshall Wace LLP bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the second quarter worth $478,000. Raymond James Financial Inc. increased its stake in Fidelity MSCI Consumer Staples Index ETF by 22.8% in the 2nd quarter. Raymond James Financial Inc. now owns 8,795 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 1,635 shares during the last quarter. Jane Street Group LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF during the 2nd quarter worth about $716,000. Ameriprise Financial Inc. lifted its position in Fidelity MSCI Consumer Staples Index ETF by 73.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 42,846 shares of the exchange traded fund’s stock worth $2,191,000 after buying an additional 18,149 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 17.6% during the 2nd quarter. Bank of America Corp DE now owns 56,699 shares of the exchange traded fund’s stock worth $2,900,000 after buying an additional 8,495 shares during the last quarter.
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.
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