Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Sees Unusually-High Trading Volume – Here’s Why

Posted by Donald Scott on Mar 7th, 2025

Shares of Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA – Get Free Report) saw strong trading volume on Friday . 284,436 shares were traded during mid-day trading, an increase of 127% from the previous session’s volume of 125,346 shares.The stock last traded at $52.02 and had previously closed at $51.94.

Fidelity MSCI Consumer Staples Index ETF Price Performance

The stock has a market capitalization of $1.28 billion, a P/E ratio of 25.39 and a beta of 0.63. The company’s 50-day simple moving average is $50.43 and its 200-day simple moving average is $50.66.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the fourth quarter worth approximately $42,000. Cape Investment Advisory Inc. lifted its holdings in Fidelity MSCI Consumer Staples Index ETF by 1,696.4% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,006 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 950 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $51,000. Allworth Financial LP grew its holdings in Fidelity MSCI Consumer Staples Index ETF by 264.1% in the 4th quarter. Allworth Financial LP now owns 2,556 shares of the exchange traded fund’s stock valued at $125,000 after buying an additional 1,854 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. acquired a new position in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter valued at $180,000.

About Fidelity MSCI Consumer Staples Index ETF

(Get Free Report)

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.