Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Cross Above 200-Day Moving Average – Should You Sell?

Fidelity Stocks For Inflation ETF (BATS:FCPI) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $41.97 and traded as high as $46.48. Fidelity Stocks For Inflation ETF shares last traded at $46.20, with a volume of 40,105 shares.

Fidelity Stocks For Inflation ETF Price Performance

The stock has a fifty day simple moving average of $43.95 and a 200-day simple moving average of $41.97. The company has a market capitalization of $182.49 million, a price-to-earnings ratio of 13.26 and a beta of 0.84.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Atomi Financial Group Inc. increased its stake 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. XML Financial LLC acquired a new stake in shares of Fidelity Stocks For Inflation ETF in the second quarter worth approximately $229,000. Schrum Private Wealth Management LLC purchased a new stake in shares of Fidelity Stocks For Inflation ETF during the third quarter worth approximately $293,000. HighTower Advisors LLC raised its stake in Fidelity Stocks For Inflation ETF by 7.1% in the 3rd quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock valued at $358,000 after purchasing an additional 552 shares during the last quarter. Finally, Wealthgarden F.S. LLC acquired a new position in Fidelity Stocks For Inflation ETF in the 2nd quarter valued at $443,000.

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.