Sanctuary Advisors LLC Sells 14,634 Shares of Fidelity Stocks For Inflation ETF $FCPI

Sanctuary Advisors LLC lessened its stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 7.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 179,317 shares of the company’s stock after selling 14,634 shares during the period. Sanctuary Advisors LLC owned about 3.70% of Fidelity Stocks For Inflation ETF worth $8,815,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Fidelity Stocks For Inflation ETF by 93,516.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,798,366 shares of the company’s stock valued at $88,983,000 after acquiring an additional 1,796,445 shares during the period. Global Assets Advisory LLC bought a new stake in shares of Fidelity Stocks For Inflation ETF in the 1st quarter worth approximately $1,747,000. Mercer Global Advisors Inc. ADV raised its holdings in shares of Fidelity Stocks For Inflation ETF by 99.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 41,000 shares of the company’s stock worth $2,029,000 after purchasing an additional 20,395 shares during the period. Jane Street Group LLC purchased a new position in Fidelity Stocks For Inflation ETF in the fourth quarter valued at approximately $798,000. Finally, JPMorgan Chase & Co. lifted its stake in Fidelity Stocks For Inflation ETF by 343.1% in the second quarter. JPMorgan Chase & Co. now owns 16,265 shares of the company’s stock valued at $759,000 after purchasing an additional 12,594 shares during the last quarter.

Fidelity Stocks For Inflation ETF Price Performance

Shares of FCPI opened at $53.95 on Friday. Fidelity Stocks For Inflation ETF has a 1 year low of $46.52 and a 1 year high of $55.08. The stock’s fifty day moving average price is $54.10 and its two-hundred day moving average price is $51.97. The firm has a market cap of $261.66 million, a PE ratio of 18.17 and a beta of 0.91.

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.