Certified Advisory Corp Grows Position in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Certified Advisory Corp boosted its position in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 6.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,022 shares of the company’s stock after acquiring an additional 3,622 shares during the quarter. Certified Advisory Corp owned 0.58% of Fidelity MSCI Materials Index ETF worth $2,917,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Lynch & Associates IN raised its holdings in shares of Fidelity MSCI Materials Index ETF by 6.6% in the 2nd quarter. Lynch & Associates IN now owns 9,167 shares of the company’s stock valued at $453,000 after purchasing an additional 566 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Fidelity MSCI Materials Index ETF by 3.4% in the second quarter. J.W. Cole Advisors Inc. now owns 17,547 shares of the company’s stock valued at $867,000 after buying an additional 573 shares in the last quarter. Mather Group LLC. lifted its holdings in Fidelity MSCI Materials Index ETF by 1.9% during the 2nd quarter. Mather Group LLC. now owns 32,768 shares of the company’s stock worth $1,716,000 after buying an additional 598 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Fidelity MSCI Materials Index ETF by 2.1% during the 4th quarter. Corient Private Wealth LLC now owns 30,651 shares of the company’s stock worth $1,494,000 after acquiring an additional 636 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its holdings in shares of Fidelity MSCI Materials Index ETF by 5.4% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 14,130 shares of the company’s stock valued at $698,000 after acquiring an additional 724 shares during the last quarter.

Fidelity MSCI Materials Index ETF Stock Down 1.1 %

FMAT stock opened at $52.84 on Monday. The business has a 50 day moving average price of $51.27 and a 200 day moving average price of $50.96. The stock has a market cap of $533.68 million, a price-to-earnings ratio of 15.76 and a beta of 0.92. Fidelity MSCI Materials Index ETF has a fifty-two week low of $41.62 and a fifty-two week high of $53.54.

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.