Cetera Investment Advisers Sells 977 Shares of Fidelity Stocks For Inflation ETF $FCPI

Cetera Investment Advisers lessened its holdings in Fidelity Stocks For Inflation ETF (BATS:FCPI) by 8.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,785 shares of the company’s stock after selling 977 shares during the quarter. Cetera Investment Advisers owned 0.23% of Fidelity Stocks For Inflation ETF worth $467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of FCPI. Wells Fargo & Company MN grew its stake in shares of Fidelity Stocks For Inflation ETF by 76,700.0% during the 4th quarter. Wells Fargo & Company MN now owns 768 shares of the company’s stock worth $33,000 after acquiring an additional 767 shares during the period. Raymond James Financial Inc. purchased a new stake in Fidelity Stocks For Inflation ETF during the 4th quarter worth about $1,256,000. Bank of America Corp DE lifted its holdings in Fidelity Stocks For Inflation ETF by 11.2% during the 4th quarter. Bank of America Corp DE now owns 27,122 shares of the company’s stock worth $1,176,000 after purchasing an additional 2,737 shares in the last quarter. GTS Securities LLC purchased a new stake in Fidelity Stocks For Inflation ETF during the 4th quarter worth about $665,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Fidelity Stocks For Inflation ETF by 4.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 95,534 shares of the company’s stock worth $4,135,000 after purchasing an additional 3,834 shares in the last quarter.

Fidelity Stocks For Inflation ETF Stock Up 2.3%

BATS:FCPI opened at $47.77 on Monday. The business’s 50-day moving average price is $46.72 and its two-hundred day moving average price is $44.70. Fidelity Stocks For Inflation ETF has a twelve month low of $37.33 and a twelve month high of $47.37. The stock has a market cap of $231.69 million, a P/E 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.