Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,700 shares of the company’s stock after selling 1,779 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity Stocks For Inflation ETF were worth $3,975,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in Fidelity Stocks For Inflation ETF during the fourth quarter worth approximately $1,256,000. LPL Financial LLC grew its position in shares of Fidelity Stocks For Inflation ETF by 40.0% during the fourth quarter. LPL Financial LLC now owns 100,449 shares of the company’s stock worth $4,354,000 after acquiring an additional 28,679 shares during the last quarter. GTS Securities LLC acquired a new position in shares of Fidelity Stocks For Inflation ETF in the 4th quarter valued at $665,000. Newbridge Financial Services Group Inc. purchased a new stake in Fidelity Stocks For Inflation ETF in the 4th quarter valued at $603,000. Finally, Wealthgarden F.S. LLC acquired a new stake in Fidelity Stocks For Inflation ETF during the 4th quarter worth $470,000.

Fidelity Stocks For Inflation ETF Stock Performance

Shares of Fidelity Stocks For Inflation ETF stock opened at $45.74 on Wednesday. The company has a market capitalization of $224.12 million, a P/E ratio of 18.78 and a beta of 0.91. Fidelity Stocks For Inflation ETF has a 1 year low of $37.33 and a 1 year high of $46.66. The company’s fifty day moving average is $42.85 and its two-hundred day moving average is $44.10.

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.