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

Fidelity Stocks For Inflation ETF (BATS:FCPI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 Down 0.2 %

The business has a 50-day moving average price of $44.46 and a two-hundred day moving average price of $42.29. The company has a market cap of $182.92 million, a P/E ratio of 13.26 and a beta of 0.84.

Institutional Investors Weigh In On Fidelity Stocks For Inflation ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of 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 purchasing an additional 761 shares during the period. XML Financial LLC bought a new position in shares of Fidelity Stocks For Inflation ETF in the second quarter valued at $229,000. 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. Cambridge Investment Research Advisors Inc. raised 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 worth $1,277,000 after acquiring an additional 2,050 shares in the last quarter. Finally, Wealthgarden F.S. LLC bought a new position in shares of Fidelity Stocks For Inflation ETF in the 2nd quarter valued at about $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.