Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) Shares Purchased by Lynch & Associates IN

Lynch & Associates IN grew its holdings in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMATFree Report) by 11.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,601 shares of the company’s stock after purchasing an additional 863 shares during the period. Lynch & Associates IN owned approximately 0.09% of Fidelity MSCI Materials Index ETF worth $450,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sachetta LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF during the fourth quarter valued at $36,000. Stone House Investment Management LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF during the third quarter valued at $56,000. Kingdom Financial Group LLC. bought a new position in Fidelity MSCI Materials Index ETF during the fourth quarter valued at about $247,000. B.O.S.S. Retirement Advisors LLC bought a new position in Fidelity MSCI Materials Index ETF during the fourth quarter valued at about $275,000. Finally, Essex Financial Services Inc. bought a new position in Fidelity MSCI Materials Index ETF during the third quarter valued at about $281,000.

Fidelity MSCI Materials Index ETF Trading Up 0.1 %

FMAT stock traded up $0.05 during trading hours on Thursday, hitting $50.22. 10,928 shares of the stock traded hands, compared to its average volume of 35,976. The stock has a 50-day simple moving average of $50.84 and a 200 day simple moving average of $49.48. Fidelity MSCI Materials Index ETF has a one year low of $41.62 and a one year high of $52.77. The company has a market cap of $507.22 million, a P/E ratio of 15.76 and a beta of 0.92.

About Fidelity MSCI Materials Index ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

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