Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Fidelity Stocks For Inflation ETF (BATS:FCPI)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $42.47 and traded as high as $45.47. Fidelity Stocks For Inflation ETF shares last traded at $45.37, with a volume of 26,821 shares changing hands.

Fidelity Stocks For Inflation ETF Trading Down 0.2 %

The firm has a market capitalization of $177.47 million, a price-to-earnings ratio of 13.26 and a beta of 0.84. The stock’s 50-day moving average is $44.79 and its 200-day moving average is $42.55.

Hedge Funds Weigh In On Fidelity Stocks For Inflation ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in Fidelity Stocks For Inflation ETF by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 89,603 shares of the company’s stock worth $3,662,000 after acquiring an additional 761 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in Fidelity Stocks For Inflation ETF by 7.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,256 shares of the company’s stock valued at $1,277,000 after buying an additional 2,050 shares during the period. Atomi Financial Group Inc. increased its holdings in Fidelity Stocks For Inflation ETF by 9.9% during the second quarter. Atomi Financial Group Inc. now owns 5,581 shares of the company’s stock worth $228,000 after buying an additional 504 shares during the last quarter. Wealthgarden F.S. LLC bought a new stake in Fidelity Stocks For Inflation ETF in the second quarter worth about $443,000. Finally, XML Financial LLC bought a new position in shares of Fidelity Stocks For Inflation ETF during the 2nd quarter valued at approximately $229,000.

Fidelity Stocks For Inflation ETF Company 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.