Elm3 Financial Group LLC Acquires New Holdings in Fidelity Stocks For Inflation ETF $FCPI

Elm3 Financial Group LLC acquired a new stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 22,684 shares of the company’s stock, valued at approximately $1,270,000. Fidelity Stocks For Inflation ETF accounts for about 0.9% of Elm3 Financial Group LLC’s investment portfolio, making the stock its 28th largest position. Elm3 Financial Group LLC owned approximately 0.47% of Fidelity Stocks For Inflation ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FCPI. Bank of America Corp DE grew its holdings in Fidelity Stocks For Inflation ETF by 205.3% during the 1st quarter. Bank of America Corp DE now owns 46,424 shares of the company’s stock valued at $2,282,000 after purchasing an additional 31,218 shares in the last quarter. Global Assets Advisory LLC acquired a new position in Fidelity Stocks For Inflation ETF in the 1st quarter worth $1,747,000. Cetera Investment Advisers lifted its holdings in Fidelity Stocks For Inflation ETF by 9.3% in the 1st quarter. Cetera Investment Advisers now owns 12,035 shares of the company’s stock worth $592,000 after buying an additional 1,021 shares in the last quarter. Quantinno Capital Management LP boosted its position in Fidelity Stocks For Inflation ETF by 41.3% in the 1st quarter. Quantinno Capital Management LP now owns 6,506 shares of the company’s stock valued at $320,000 after buying an additional 1,900 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in Fidelity Stocks For Inflation ETF by 67.6% in the 1st quarter. Kestra Advisory Services LLC now owns 5,225 shares of the company’s stock valued at $257,000 after buying an additional 2,107 shares during the last quarter.

Fidelity Stocks For Inflation ETF Stock Down 0.4%

Shares of Fidelity Stocks For Inflation ETF stock traded down $0.20 during trading hours on Wednesday, hitting $56.91. 6,441 shares of the company’s stock traded hands, compared to its average volume of 18,297. Fidelity Stocks For Inflation ETF has a twelve month low of $47.70 and a twelve month high of $57.46. The company has a market cap of $276.01 million, a PE ratio of 18.17 and a beta of 0.91. The stock has a 50 day simple moving average of $56.52 and a 200-day simple moving average of $54.26.

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.