Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Hits New 12-Month High – Still a Buy?

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA)’s stock price hit a new 52-week high on Thursday. The stock traded as high as $58.93 and last traded at $58.9740, with a volume of 9,792 shares traded. The stock had previously closed at $58.29.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.5%

The firm has a 50-day simple moving average of $53.51 and a two-hundred day simple moving average of $53.52. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 22.37 and a beta of 0.47.

Institutional Trading of Fidelity MSCI Consumer Staples Index ETF

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new position in shares of Fidelity MSCI Consumer Staples Index ETF during the second quarter worth $25,000. Asset Dedication LLC acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $54,000. Allied Private Wealth LLC bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 2nd quarter valued at $60,000. BOKF NA bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $78,000. Finally, RDA Financial Network bought a new stake in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at $205,000.

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.