Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $52.96 and traded as low as $52.48. Fidelity MSCI Consumer Staples Index ETF shares last traded at $52.98, with a volume of 114,860 shares.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

The stock has a 50 day moving average price of $52.96 and a 200 day moving average price of $52.46. The company has a market capitalization of $1.41 billion, a P/E ratio of 22.37 and a beta of 0.50.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Large investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $26,000. IFC & Insurance Marketing Inc. purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $28,000. Deutsche Bank AG purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $38,000. Mcguire Capital Advisors Inc. purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $49,000. Finally, High Point Wealth Management LLC purchased a new stake in Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $52,000.

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.