Kestra Private Wealth Services LLC Sells 512 Shares of Fidelity Stocks For Inflation ETF (BATS:FCPI)

Kestra Private Wealth Services LLC trimmed its position in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,461 shares of the company’s stock after selling 512 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Fidelity Stocks For Inflation ETF were worth $296,000 at the end of the most recent reporting period.

Separately, Williams & Novak LLC bought a new stake in shares of Fidelity Stocks For Inflation ETF in the 4th quarter valued at about $313,000.

Fidelity Stocks For Inflation ETF Price Performance

Shares of FCPI stock opened at $38.94 on Thursday. The firm’s fifty day moving average is $38.42 and its 200-day moving average is $36.01. The stock has a market cap of $153.81 million, a PE ratio of 13.26 and a beta of 0.84.

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.