Cambridge Investment Research Advisors Inc. Reduces Stock Holdings in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Cambridge Investment Research Advisors Inc. decreased its position in Fidelity Stocks For Inflation ETF (BATS:FCPI) by 3.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,783 shares of the company’s stock after selling 828 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.53% of Fidelity Stocks For Inflation ETF worth $1,073,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Stocks For Inflation ETF during the fourth quarter worth $1,256,000. LPL Financial LLC lifted 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 in the last quarter. GTS Securities LLC purchased a new stake in shares of Fidelity Stocks For Inflation ETF during the fourth quarter worth $665,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Fidelity Stocks For Inflation ETF during the first quarter worth $237,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Fidelity Stocks For Inflation ETF by 4.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 95,534 shares of the company’s stock worth $4,135,000 after acquiring an additional 3,834 shares in the last quarter.

Fidelity Stocks For Inflation ETF Price Performance

BATS:FCPI opened at $47.28 on Friday. The stock’s fifty day moving average price is $45.14 and its two-hundred day moving average price is $44.16. The company has a market cap of $229.31 million, a P/E ratio of 18.17 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 $47.36.

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.