MML Investors Services LLC Buys 1,332 Shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

MML Investors Services LLC lifted its stake in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 20.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,810 shares of the company’s stock after purchasing an additional 1,332 shares during the period. MML Investors Services LLC owned 0.08% of Fidelity MSCI Materials Index ETF worth $423,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Smith Salley Wealth Management lifted its holdings in Fidelity MSCI Materials Index ETF by 32.6% in the second quarter. Smith Salley Wealth Management now owns 13,313 shares of the company’s stock worth $658,000 after buying an additional 3,276 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Fidelity MSCI Materials Index ETF by 21.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 123,019 shares of the company’s stock valued at $6,081,000 after purchasing an additional 21,683 shares during the period. Lynch & Associates IN boosted its position in shares of Fidelity MSCI Materials Index ETF by 6.6% during the second 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. Wealthgarden F.S. LLC purchased a new stake in Fidelity MSCI Materials Index ETF in the second quarter worth $279,000. Finally, Envestnet Asset Management Inc. grew its stake in Fidelity MSCI Materials Index ETF by 12.5% in the second quarter. Envestnet Asset Management Inc. now owns 464,127 shares of the company’s stock worth $22,942,000 after purchasing an additional 51,642 shares during the period.

Fidelity MSCI Materials Index ETF Trading Down 0.0 %

Shares of Fidelity MSCI Materials Index ETF stock opened at $48.65 on Tuesday. Fidelity MSCI Materials Index ETF has a 12 month low of $45.83 and a 12 month high of $55.28. The firm has a market capitalization of $491.37 million, a P/E ratio of 15.76 and a beta of 0.92. The business has a fifty day simple moving average of $53.03 and a two-hundred day simple moving average of $51.91.

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.