Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Down 0.7%

Fidelity Stocks For Inflation ETF (BATS:FCPI) shares dropped 0.7% on Wednesday . The company traded as low as $39.38 and last traded at $39.43. Approximately 25,750 shares were traded during trading, The stock had previously closed at $39.72.

Fidelity Stocks For Inflation ETF Trading Up 0.6 %

The stock’s 50 day moving average price is $40.83 and its two-hundred day moving average price is $39.08. The firm has a market capitalization of $160.29 million, a PE ratio of 13.26 and a beta of 0.84.

Institutional Trading of Fidelity Stocks For Inflation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its stake in Fidelity Stocks For Inflation ETF by 0.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 89,603 shares of the company’s stock worth $3,662,000 after acquiring an additional 761 shares during the period. Commonwealth Equity Services LLC grew its stake in Fidelity Stocks For Inflation ETF by 25.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 56,695 shares of the company’s stock worth $2,235,000 after acquiring an additional 11,614 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in 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 worth $1,277,000 after acquiring an additional 2,050 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Fidelity Stocks For Inflation ETF by 1.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 28,385 shares of the company’s stock worth $993,000 after acquiring an additional 367 shares during the period. Finally, Wealthgarden F.S. LLC purchased a new stake in shares of Fidelity Stocks For Inflation ETF during 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.