Fidelity MSCI Materials Index ETF $FMAT Shares Newly Acquired by Mather Group LLC.

Mather Group LLC. purchased a new position in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 31,821 shares of the company’s stock, valued at approximately $1,774,000. Mather Group LLC. owned about 0.31% of Fidelity MSCI Materials Index ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Trust Co. of Vermont acquired a new position in Fidelity MSCI Materials Index ETF in the second quarter valued at about $67,000. Fifth Third Bancorp grew its holdings in shares of Fidelity MSCI Materials Index ETF by 813.2% during the first quarter. Fifth Third Bancorp now owns 1,872 shares of the company’s stock worth $108,000 after purchasing an additional 1,667 shares during the last quarter. Centaurus Financial Inc. bought a new stake in shares of Fidelity MSCI Materials Index ETF during the first quarter worth about $156,000. Concurrent Investment Advisors LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF in the second quarter valued at approximately $200,000. Finally, Modera Wealth Management LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF in the first quarter valued at approximately $213,000.

Fidelity MSCI Materials Index ETF Price Performance

NYSEARCA FMAT traded up $0.35 during trading hours on Friday, reaching $57.53. The company’s stock had a trading volume of 110,137 shares, compared to its average volume of 57,739. The firm has a fifty day simple moving average of $58.55 and a 200-day simple moving average of $58.81. The stock has a market cap of $586.81 million, a P/E ratio of 23.26 and a beta of 0.97. Fidelity MSCI Materials Index ETF has a 52 week low of $48.76 and a 52 week high of $62.84.

Fidelity MSCI Materials Index ETF Company Profile

The Fidelity MSCI Materials Index ETF (FMAT) is an exchange-traded fund that is based on the MSCI USA IMI Materials 25\u002F50 index, a market-cap-weighted index of stocks in the US basic materials sector across the entire market-cap spectrum. FMAT was launched on Oct 21, 2013 and is managed by Fidelity.