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

Fmr LLC grew its position in Fidelity Stocks For Inflation ETF (BATS:FCPI) by 18.1% during the third quarter, HoldingsChannel.com reports. The firm owned 15,389 shares of the company’s stock after buying an additional 2,353 shares during the quarter. Fmr LLC’s holdings in Fidelity Stocks For Inflation ETF were worth $666,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Atomi Financial Group Inc. lifted its position in Fidelity Stocks For Inflation ETF by 9.9% during the 2nd quarter. Atomi Financial Group Inc. now owns 5,581 shares of the company’s stock worth $228,000 after buying an additional 504 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Fidelity Stocks For Inflation ETF by 7.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,256 shares of the company’s stock valued at $1,277,000 after acquiring an additional 2,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised 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. Schrum Private Wealth Management LLC acquired a new position in Fidelity Stocks For Inflation ETF during the third quarter valued at approximately $293,000. Finally, Wealthgarden F.S. LLC bought a new position in Fidelity Stocks For Inflation ETF in the second quarter valued at approximately $443,000.

Fidelity Stocks For Inflation ETF Trading Down 0.8 %

Shares of Fidelity Stocks For Inflation ETF stock opened at $44.65 on Wednesday. The company has a market cap of $176.35 million, a PE ratio of 13.26 and a beta of 0.84. The business’s 50-day moving average is $44.85 and its 200 day moving average is $42.65.

About Fidelity Stocks For Inflation ETF

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.