Newbridge Financial Services Group Inc. Buys New Shares in Fidelity Stocks For Inflation ETF (BATS:FCPI)

Newbridge Financial Services Group Inc. purchased a new stake in shares of Fidelity Stocks For Inflation ETF (BATS:FCPI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,900 shares of the company’s stock, valued at approximately $603,000. Newbridge Financial Services Group Inc. owned 0.35% of Fidelity Stocks For Inflation ETF as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Schrum Private Wealth Management LLC acquired a new stake in Fidelity Stocks For Inflation ETF in the 3rd quarter valued at $293,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Fidelity Stocks For Inflation ETF by 4.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 93,479 shares of the company’s stock valued at $4,049,000 after acquiring an additional 3,876 shares during the last quarter. FMR LLC grew its position in shares of Fidelity Stocks For Inflation ETF by 18.1% during the 3rd quarter. FMR LLC now owns 15,389 shares of the company’s stock worth $666,000 after buying an additional 2,353 shares during the period. Sugar Maple Asset Management LLC acquired a new stake in Fidelity Stocks For Inflation ETF during the 4th quarter worth $44,000. Finally, HighTower Advisors LLC grew its stake in shares of Fidelity Stocks For Inflation ETF by 7.1% during the third quarter. HighTower Advisors LLC now owns 8,273 shares of the company’s stock worth $358,000 after purchasing an additional 552 shares during the period.

Fidelity Stocks For Inflation ETF Stock Up 2.0 %

Fidelity Stocks For Inflation ETF stock opened at $45.37 on Friday. The business’s fifty day moving average price is $44.92 and its 200 day moving average price is $43.62. The company has a market cap of $179.21 million, a price-to-earnings ratio of 13.26 and a beta of 0.84.

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.