Sumitomo Mitsui Financial Group Inc. Has $63,000 Position in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Sumitomo Mitsui Financial Group Inc. lowered its stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) by 16.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,455 shares of the company’s stock after selling 295 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in Fidelity Stocks For Inflation ETF were worth $63,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its holdings in shares of Fidelity Stocks For Inflation ETF by 7.1% during the 3rd quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock worth $358,000 after buying an additional 552 shares during the period. Wells Fargo & Company MN lifted its position in Fidelity Stocks For Inflation ETF by 76,700.0% during the 4th quarter. Wells Fargo & Company MN now owns 768 shares of the company’s stock worth $33,000 after acquiring an additional 767 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new position in Fidelity Stocks For Inflation ETF during the 4th quarter worth $44,000. FMR LLC boosted its holdings in Fidelity Stocks For Inflation ETF by 18.1% during the third quarter. FMR LLC now owns 15,389 shares of the company’s stock valued at $666,000 after acquiring an additional 2,353 shares during the period. Finally, Clarity Capital Partners LLC acquired a new stake in shares of Fidelity Stocks For Inflation ETF in the fourth quarter valued at about $216,000.

Fidelity Stocks For Inflation ETF Stock Performance

Fidelity Stocks For Inflation ETF stock opened at $39.11 on Monday. The business’s 50-day simple moving average is $44.22 and its 200-day simple moving average is $44.38. Fidelity Stocks For Inflation ETF has a 52 week low of $37.14 and a 52 week high of $46.66. The firm has a market capitalization of $185.77 million, a PE ratio of 17.84 and a beta of 0.92.

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.