Certified Advisory Corp Raises Stock Holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Certified Advisory Corp grew its holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 16.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,465 shares of the company’s stock after buying an additional 9,443 shares during the quarter. Certified Advisory Corp owned 0.68% of Fidelity MSCI Materials Index ETF worth $3,711,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FMAT. Meridian Wealth Management LLC purchased a new stake in Fidelity MSCI Materials Index ETF in the 3rd quarter worth $250,000. Lifeworks Advisors LLC acquired a new stake in shares of Fidelity MSCI Materials Index ETF in the third quarter valued at about $1,154,000. Sigma Planning Corp increased its stake in shares of Fidelity MSCI Materials Index ETF by 7.5% during the third quarter. Sigma Planning Corp now owns 4,728 shares of the company’s stock worth $256,000 after purchasing an additional 330 shares in the last quarter. Centennial Wealth Advisory LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF during the 3rd quarter worth about $237,000. Finally, J.W. Cole Advisors Inc. lifted its stake in Fidelity MSCI Materials Index ETF by 5.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 18,432 shares of the company’s stock valued at $999,000 after buying an additional 885 shares in the last quarter.

Fidelity MSCI Materials Index ETF Trading Up 0.7 %

NYSEARCA:FMAT opened at $54.01 on Friday. The stock has a 50 day moving average of $53.55 and a two-hundred day moving average of $51.78. Fidelity MSCI Materials Index ETF has a 12 month low of $45.32 and a 12 month high of $55.28. The firm has a market cap of $545.50 million, a P/E ratio of 15.76 and a beta of 0.92.

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.