Wealth Enhancement Advisory Services LLC Has $3.50 Million Holdings in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Wealth Enhancement Advisory Services LLC trimmed its position in Fidelity Stocks For Inflation ETF (BATS:FCPI) by 0.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,842 shares of the company’s stock after selling 445 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.25% of Fidelity Stocks For Inflation ETF worth $3,502,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. 17 Capital Partners LLC purchased a new position in Fidelity Stocks For Inflation ETF during the 1st quarter worth approximately $205,000. Williams & Novak LLC purchased a new position in shares of Fidelity Stocks For Inflation ETF during the fourth quarter valued at $313,000. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of Fidelity Stocks For Inflation ETF by 1.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 28,385 shares of the company’s stock valued at $993,000 after buying an additional 367 shares in the last quarter.

Fidelity Stocks For Inflation ETF Price Performance

Shares of BATS FCPI opened at $41.01 on Wednesday. The firm has a market cap of $161.99 million, a price-to-earnings ratio of 13.26 and a beta of 0.84. The business’s 50 day simple moving average is $39.74 and its 200-day simple moving average is $37.96.

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.