Fmr LLC Acquires 2,353 Shares of Fidelity Stocks For Inflation ETF (BATS:FCPI)

Fmr LLC grew its stake in Fidelity Stocks For Inflation ETF (BATS:FCPI) by 18.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,389 shares of the company’s stock after purchasing an additional 2,353 shares during the quarter. Fmr LLC owned about 0.39% of Fidelity Stocks For Inflation ETF worth $666,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Atomi Financial Group Inc. grew its holdings in Fidelity Stocks For Inflation ETF by 9.9% during the second quarter. Atomi Financial Group Inc. now owns 5,581 shares of the company’s stock valued at $228,000 after purchasing an additional 504 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Fidelity Stocks For Inflation ETF by 7.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 31,256 shares of the company’s stock valued at $1,277,000 after buying an additional 2,050 shares in the last quarter. Wealthgarden F.S. LLC acquired a new stake in Fidelity Stocks For Inflation ETF during the 2nd quarter worth $443,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Fidelity Stocks For Inflation ETF by 4.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 93,479 shares of the company’s stock worth $4,049,000 after acquiring an additional 3,876 shares in the last quarter. Finally, Schrum Private Wealth Management LLC acquired a new position in Fidelity Stocks For Inflation ETF in the third quarter valued at about $293,000.

Fidelity Stocks For Inflation ETF Stock Down 0.8 %

Shares of Fidelity Stocks For Inflation ETF stock opened at $44.65 on Wednesday. The company has a market capitalization of $176.35 million, a P/E ratio of 13.26 and a beta of 0.84. The stock has a 50-day simple moving average of $44.85 and a 200-day simple moving average of $42.65.

Fidelity Stocks For Inflation ETF Company Profile

The Fidelity Stocks for Inflation ETF (FCPI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of U.S. large- and mid-cap stocks based on multi-factor criteria with structural tilts towards inflation-sensitive sectors and industries FCPI was launched on Nov 5, 2019 and is managed by Fidelity.