Mather Group LLC. Raises Stake in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Mather Group LLC. boosted its position in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,768 shares of the company’s stock after purchasing an additional 598 shares during the period. Mather Group LLC. owned approximately 0.32% of Fidelity MSCI Materials Index ETF worth $1,716,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its holdings in Fidelity MSCI Materials Index ETF by 40.9% during the 1st quarter. Cetera Investment Advisers now owns 188,753 shares of the company’s stock worth $9,885,000 after buying an additional 54,824 shares in the last quarter. Advisory Services Network LLC grew its stake in Fidelity MSCI Materials Index ETF by 31.2% during the 1st quarter. Advisory Services Network LLC now owns 86,720 shares of the company’s stock worth $4,542,000 after purchasing an additional 20,617 shares in the last quarter. Certified Advisory Corp increased its holdings in Fidelity MSCI Materials Index ETF by 7.5% during the 4th quarter. Certified Advisory Corp now owns 50,856 shares of the company’s stock worth $2,479,000 after purchasing an additional 3,537 shares during the period. International Assets Investment Management LLC acquired a new stake in Fidelity MSCI Materials Index ETF in the 4th quarter valued at about $2,421,000. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Fidelity MSCI Materials Index ETF by 7.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 40,661 shares of the company’s stock valued at $1,982,000 after buying an additional 2,832 shares during the period.

Fidelity MSCI Materials Index ETF Price Performance

Shares of Fidelity MSCI Materials Index ETF stock traded up $0.43 on Tuesday, reaching $49.65. 30,978 shares of the company were exchanged, compared to its average volume of 37,505. The stock’s 50 day moving average price is $50.43 and its 200-day moving average price is $50.16. Fidelity MSCI Materials Index ETF has a 1-year low of $41.62 and a 1-year high of $52.81. The company has a market cap of $501.47 million, a P/E ratio of 15.76 and a beta of 0.92.

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.