JPMorgan Chase & Co. Has $1.46 Million Stock Holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

JPMorgan Chase & Co. raised its position in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 7.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 26,938 shares of the company’s stock after acquiring an additional 1,833 shares during the period. JPMorgan Chase & Co. owned about 0.27% of Fidelity MSCI Materials Index ETF worth $1,460,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its stake in Fidelity MSCI Materials Index ETF by 12.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 30,077 shares of the company’s stock valued at $1,630,000 after acquiring an additional 3,331 shares in the last quarter. MML Investors Services LLC lifted its stake in Fidelity MSCI Materials Index ETF by 20.6% in the 3rd quarter. MML Investors Services LLC now owns 7,810 shares of the company’s stock valued at $423,000 after acquiring an additional 1,332 shares in the last quarter. Orion Portfolio Solutions LLC lifted its stake in Fidelity MSCI Materials Index ETF by 4.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 5,799 shares of the company’s stock valued at $314,000 after acquiring an additional 241 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Fidelity MSCI Materials Index ETF in the 3rd quarter valued at approximately $225,000. Finally, Flow Traders U.S. LLC bought a new stake in Fidelity MSCI Materials Index ETF in the 3rd quarter valued at approximately $249,000.

Fidelity MSCI Materials Index ETF Stock Up 0.4 %

Shares of Fidelity MSCI Materials Index ETF stock opened at $50.94 on Friday. Fidelity MSCI Materials Index ETF has a 12-month low of $45.83 and a 12-month high of $55.28. The stock has a market cap of $514.49 million, a P/E ratio of 15.76 and a beta of 0.92. The business’s 50 day moving average is $50.84 and its 200-day moving average is $51.75.

Fidelity MSCI Materials Index ETF 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.