Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) Shares Acquired by Sigma Planning Corp

Sigma Planning Corp increased its stake in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 7.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,728 shares of the company’s stock after purchasing an additional 330 shares during the period. Sigma Planning Corp’s holdings in Fidelity MSCI Materials Index ETF were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FMAT. Centennial Wealth Advisory LLC purchased a new position in Fidelity MSCI Materials Index ETF in the 3rd quarter valued at about $237,000. J.W. Cole Advisors Inc. boosted its holdings in Fidelity MSCI Materials Index ETF by 5.0% in the third quarter. J.W. Cole Advisors Inc. now owns 18,432 shares of the company’s stock valued at $999,000 after purchasing an additional 885 shares during the last quarter. Yoder Wealth Management Inc. boosted its holdings in Fidelity MSCI Materials Index ETF by 6.5% in the third quarter. Yoder Wealth Management Inc. now owns 19,040 shares of the company’s stock valued at $1,032,000 after purchasing an additional 1,164 shares during the last quarter. Elevated Capital Advisors LLC acquired a new stake in Fidelity MSCI Materials Index ETF during the 3rd quarter valued at approximately $602,000. Finally, B.O.S.S. Retirement Advisors LLC increased its holdings in Fidelity MSCI Materials Index ETF by 26.9% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 12,055 shares of the company’s stock worth $653,000 after purchasing an additional 2,554 shares during the last quarter.

Fidelity MSCI Materials Index ETF Trading Down 0.7 %

Fidelity MSCI Materials Index ETF stock opened at $52.34 on Friday. Fidelity MSCI Materials Index ETF has a 52 week low of $44.81 and a 52 week high of $55.28. The stock has a market cap of $528.63 million, a P/E ratio of 15.76 and a beta of 0.92. The stock has a 50 day moving average of $53.38 and a 200-day moving average of $51.71.

About Fidelity MSCI Materials Index ETF

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.