Clarity Capital Partners LLC Purchases Shares of 4,972 Fidelity Stocks For Inflation ETF (BATS:FCPI)

Clarity Capital Partners LLC acquired a new position in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,972 shares of the company’s stock, valued at approximately $216,000.

A number of other institutional investors also recently modified their holdings of the company. Sugar Maple Asset Management LLC bought a new stake in Fidelity Stocks For Inflation ETF during the 4th quarter worth approximately $44,000. Schrum Private Wealth Management LLC acquired a new position in Fidelity Stocks For Inflation ETF in the third quarter worth $293,000. HighTower Advisors LLC grew its holdings in shares of Fidelity Stocks For Inflation ETF by 7.1% during the third quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock worth $358,000 after purchasing an additional 552 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Fidelity Stocks For Inflation ETF in the fourth quarter valued at $603,000. Finally, FMR LLC raised its holdings in shares of Fidelity Stocks For Inflation ETF by 18.1% in the third quarter. FMR LLC now owns 15,389 shares of the company’s stock valued at $666,000 after buying an additional 2,353 shares during the last quarter.

Fidelity Stocks For Inflation ETF Trading Up 1.9 %

Shares of BATS FCPI opened at $45.33 on Thursday. The stock’s 50-day moving average is $44.90 and its 200-day moving average is $43.72. The firm has a market cap of $179.05 million, a P/E ratio of 13.26 and a beta of 0.84.

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.