Atria Investments Inc Has $355,000 Stock Holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Atria Investments Inc lowered its stake in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 38.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,358 shares of the company’s stock after selling 4,630 shares during the quarter. Atria Investments Inc owned about 0.07% of Fidelity MSCI Materials Index ETF worth $355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Decker Retirement Planning Inc. bought a new stake in Fidelity MSCI Materials Index ETF in the 4th quarter valued at $33,000. Global Retirement Partners LLC lifted its holdings in shares of Fidelity MSCI Materials Index ETF by 497.8% in the fourth quarter. Global Retirement Partners LLC now owns 813 shares of the company’s stock valued at $39,000 after purchasing an additional 677 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Fidelity MSCI Materials Index ETF by 360.9% during the fourth quarter. Sound Income Strategies LLC now owns 1,143 shares of the company’s stock worth $55,000 after buying an additional 895 shares during the period. Freedom Investment Management Inc. bought a new position in shares of Fidelity MSCI Materials Index ETF during the third quarter worth about $208,000. Finally, Centennial Wealth Advisory LLC raised its position in Fidelity MSCI Materials Index ETF by 5.0% in the 4th quarter. Centennial Wealth Advisory LLC now owns 4,598 shares of the company’s stock valued at $222,000 after buying an additional 221 shares during the last quarter.

Fidelity MSCI Materials Index ETF Stock Performance

NYSEARCA FMAT opened at $48.74 on Monday. The stock has a market capitalization of $533.70 million, a price-to-earnings ratio of 23.92 and a beta of 1.13. Fidelity MSCI Materials Index ETF has a 52 week low of $47.34 and a 52 week high of $55.28. The stock’s 50 day moving average price is $49.97 and its two-hundred day moving average price is $51.60.

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.