Fidelity Stocks For Inflation ETF (BATS:FCPI) Stock Crosses Above 200 Day Moving Average – What’s Next?

Fidelity Stocks For Inflation ETF (BATS:FCPI)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $42.26 and traded as high as $46.52. Fidelity Stocks For Inflation ETF shares last traded at $46.44, with a volume of 22,841 shares trading hands.

Fidelity Stocks For Inflation ETF Stock Performance

The stock has a market capitalization of $183.44 million, a PE ratio of 13.26 and a beta of 0.84. The firm has a 50 day moving average of $44.39 and a 200-day moving average of $42.26.

Institutional Trading of Fidelity Stocks For Inflation ETF

A number of hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC increased its stake in Fidelity Stocks For Inflation ETF by 7.1% in the 3rd quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock valued at $358,000 after buying an additional 552 shares during the period. FMR LLC grew its holdings in shares of Fidelity Stocks For Inflation ETF by 18.1% during the 3rd quarter. FMR LLC now owns 15,389 shares of the company’s stock valued at $666,000 after acquiring an additional 2,353 shares in the last quarter. Schrum Private Wealth Management LLC acquired a new position in shares of Fidelity Stocks For Inflation ETF in the third quarter worth $293,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Fidelity Stocks For Inflation ETF by 4.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 93,479 shares of the company’s stock worth $4,049,000 after acquiring an additional 3,876 shares in the last quarter. Finally, Wealthgarden F.S. LLC acquired a new stake in Fidelity Stocks For Inflation ETF during the second quarter valued at $443,000.

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.