Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,273 shares of the company’s stock after acquiring an additional 552 shares during the quarter. HighTower Advisors LLC owned about 0.21% of Fidelity Stocks For Inflation ETF worth $358,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. lifted its stake in shares of 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 worth $228,000 after purchasing an additional 504 shares in the last quarter. Schrum Private Wealth Management LLC acquired a new position in Fidelity Stocks For Inflation ETF during the 3rd quarter worth approximately $293,000. Wealthgarden F.S. LLC purchased a new position in Fidelity Stocks For Inflation ETF in the 2nd quarter worth approximately $443,000. FMR LLC grew its position in Fidelity Stocks For Inflation ETF by 18.1% in the third quarter. FMR LLC now owns 15,389 shares of the company’s stock valued at $666,000 after acquiring an additional 2,353 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Fidelity Stocks For Inflation ETF by 7.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,256 shares of the company’s stock valued at $1,277,000 after purchasing an additional 2,050 shares during the period.

Fidelity Stocks For Inflation ETF Stock Performance

FCPI opened at $43.64 on Monday. The firm has a market cap of $172.38 million, a price-to-earnings ratio of 13.26 and a beta of 0.84. The company’s fifty day moving average price is $44.84 and its two-hundred day moving average price is $42.71.

Fidelity Stocks For Inflation ETF 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.