1,020 Shares in Fidelity Stocks For Inflation ETF (BATS:FCPI) Bought by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC bought a new position in Fidelity Stocks For Inflation ETF (BATS:FCPI) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,020 shares of the company’s stock, valued at approximately $44,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Schrum Private Wealth Management LLC bought a new stake in Fidelity Stocks For Inflation ETF during the third quarter valued at about $293,000. HighTower Advisors LLC raised its holdings in Fidelity Stocks For Inflation ETF by 7.1% during the third quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock valued at $358,000 after acquiring an additional 552 shares during the period. FMR LLC raised its holdings in Fidelity Stocks For Inflation ETF by 18.1% during 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 during the period. Finally, 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 valued at $4,049,000 after acquiring an additional 3,876 shares during the period.

Fidelity Stocks For Inflation ETF Trading Up 2.0 %

BATS:FCPI opened at $45.40 on Tuesday. The firm’s 50 day simple moving average is $44.92 and its 200-day simple moving average is $43.22. The company has a market capitalization of $179.33 million, a PE ratio of 13.26 and a beta of 0.84.

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.