Wealth Enhancement Advisory Services LLC Has $4.14 Million Stake in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Wealth Enhancement Advisory Services LLC increased its holdings in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,534 shares of the company’s stock after purchasing an additional 3,834 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.01% of Fidelity Stocks For Inflation ETF worth $4,135,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FCPI. Wells Fargo & Company MN lifted its stake in Fidelity Stocks For Inflation ETF by 76,700.0% in the fourth quarter. Wells Fargo & Company MN now owns 768 shares of the company’s stock valued at $33,000 after acquiring an additional 767 shares during the last quarter. Cetera Investment Advisers lifted its stake in Fidelity Stocks For Inflation ETF by 12.3% in the fourth quarter. Cetera Investment Advisers now owns 11,762 shares of the company’s stock valued at $510,000 after acquiring an additional 1,292 shares during the last quarter. GTS Securities LLC acquired a new stake in Fidelity Stocks For Inflation ETF in the fourth quarter valued at $665,000. Bank of America Corp DE lifted its stake in Fidelity Stocks For Inflation ETF by 11.2% in the fourth quarter. Bank of America Corp DE now owns 27,122 shares of the company’s stock valued at $1,176,000 after acquiring an additional 2,737 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Fidelity Stocks For Inflation ETF in the fourth quarter valued at $1,256,000.

Fidelity Stocks For Inflation ETF Price Performance

Shares of FCPI stock opened at $46.27 on Friday. The stock has a market cap of $224.40 million, a P/E ratio of 18.17 and a beta of 0.91. The company has a fifty day moving average price of $44.47 and a two-hundred day moving average price of $44.09. Fidelity Stocks For Inflation ETF has a one year low of $37.33 and a one year high of $46.66.

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.