Harbour Investments Inc. Decreases Stock Position in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Harbour Investments Inc. lowered its position in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 9.7% during the second quarter, HoldingsChannel reports. The firm owned 7,386 shares of the company’s stock after selling 796 shares during the period. Harbour Investments Inc.’s holdings in Fidelity Stocks For Inflation ETF were worth $302,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FCPI. Cambridge Investment Research Advisors Inc. increased its position in shares of 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 during the last quarter. Atomi Financial Group Inc. increased its holdings in Fidelity Stocks For Inflation ETF by 9.9% during the 2nd quarter. Atomi Financial Group Inc. now owns 5,581 shares of the company’s stock worth $228,000 after purchasing an additional 504 shares during the last quarter. XML Financial LLC acquired a new position in shares of Fidelity Stocks For Inflation ETF in the 2nd quarter valued at approximately $229,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Fidelity Stocks For Inflation ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 89,603 shares of the company’s stock valued at $3,662,000 after buying an additional 761 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Fidelity Stocks For Inflation ETF by 25.8% during the first quarter. Commonwealth Equity Services LLC now owns 56,695 shares of the company’s stock worth $2,235,000 after buying an additional 11,614 shares in the last quarter.

Fidelity Stocks For Inflation ETF Stock Up 0.2 %

FCPI opened at $42.30 on Friday. The firm has a market capitalization of $167.09 million, a PE ratio of 13.26 and a beta of 0.84. The company has a 50-day moving average of $41.21 and a two-hundred day moving average of $39.63.

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.