Global Assets Advisory LLC Takes $1.75 Million Position in Fidelity Stocks For Inflation ETF $FCPI

Global Assets Advisory LLC acquired a new stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 35,546 shares of the company’s stock, valued at approximately $1,747,000. Global Assets Advisory LLC owned 0.73% of Fidelity Stocks For Inflation ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its stake in Fidelity Stocks For Inflation ETF by 67.6% during the 1st quarter. Kestra Advisory Services LLC now owns 5,225 shares of the company’s stock valued at $257,000 after purchasing an additional 2,107 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Fidelity Stocks For Inflation ETF by 3.3% in the 4th quarter. Compound Planning Inc. now owns 6,868 shares of the company’s stock worth $340,000 after buying an additional 217 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Fidelity Stocks For Inflation ETF by 99.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 41,000 shares of the company’s stock valued at $2,029,000 after buying an additional 20,395 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Fidelity Stocks For Inflation ETF by 4.9% in the fourth quarter. Cetera Investment Advisers now owns 11,014 shares of the company’s stock valued at $545,000 after buying an additional 519 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in Fidelity Stocks For Inflation ETF by 2.4% during the fourth quarter. Osaic Holdings Inc. now owns 93,680 shares of the company’s stock valued at $4,638,000 after buying an additional 2,156 shares in the last quarter.

Fidelity Stocks For Inflation ETF Trading Up 0.4%

BATS:FCPI traded up $0.21 during mid-day trading on Friday, reaching $54.62. 3,917 shares of the stock were exchanged, compared to its average volume of 16,422. The business has a fifty day moving average price of $54.02 and a 200 day moving average price of $51.85. Fidelity Stocks For Inflation ETF has a 1-year low of $46.41 and a 1-year high of $55.08. The firm has a market capitalization of $264.91 million, a PE 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.