22,684 Shares of Fidelity Stocks For Inflation ETF $FCPI Bought by Elm3 Financial Group LLC

Elm3 Financial Group LLC bought a new position in Fidelity Stocks For Inflation ETF (BATS:FCPI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,684 shares of the company’s stock, valued at approximately $1,270,000. Fidelity Stocks For Inflation ETF comprises approximately 0.9% of Elm3 Financial Group LLC’s portfolio, making the stock its 28th largest position.

Other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of Fidelity Stocks For Inflation ETF by 166.8% during the 1st quarter. Parallel Advisors LLC now owns 627 shares of the company’s stock worth $31,000 after purchasing an additional 392 shares during the period. Continuum Advisory LLC bought a new stake in shares of Fidelity Stocks For Inflation ETF in the 2nd quarter worth approximately $35,000. Cetera Investment Advisers boosted its position in Fidelity Stocks For Inflation ETF by 9.3% during the 1st quarter. Cetera Investment Advisers now owns 12,035 shares of the company’s stock valued at $592,000 after purchasing an additional 1,021 shares during the period. Allworth Financial LP boosted its position in Fidelity Stocks For Inflation ETF by 7,036.0% during the 2nd quarter. Allworth Financial LP now owns 1,784 shares of the company’s stock valued at $97,000 after purchasing an additional 1,759 shares during the period. Finally, Quantinno Capital Management LP grew its stake in Fidelity Stocks For Inflation ETF by 41.3% during the 1st quarter. Quantinno Capital Management LP now owns 6,506 shares of the company’s stock worth $320,000 after buying an additional 1,900 shares during the last quarter.

Fidelity Stocks For Inflation ETF Trading Down 0.4%

FCPI traded down $0.20 during trading on Wednesday, reaching $56.91. 6,441 shares of the company were exchanged, compared to its average volume of 18,297. Fidelity Stocks For Inflation ETF has a 52 week low of $47.70 and a 52 week high of $57.46. The firm has a 50 day moving average of $56.52 and a 200 day moving average of $54.26. The stock has a market cap of $276.01 million, a P/E ratio of 18.17 and a beta of 0.91.

Fidelity Stocks For Inflation ETF 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.