Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its holdings in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMATGet Rating) by 7.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,841 shares of the company’s stock after selling 2,859 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Fidelity MSCI Materials Index ETF were worth $1,362,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eqis Capital Management Inc. lifted its stake in Fidelity MSCI Materials Index ETF by 494.6% in the 2nd quarter. Eqis Capital Management Inc. now owns 171,639 shares of the company’s stock worth $7,035,000 after purchasing an additional 142,773 shares in the last quarter. Beaumont Capital Management LLC acquired a new stake in shares of Fidelity MSCI Materials Index ETF in the first quarter valued at approximately $6,991,000. Mather Group LLC. purchased a new position in Fidelity MSCI Materials Index ETF during the second quarter worth approximately $2,036,000. Jane Street Group LLC acquired a new position in Fidelity MSCI Materials Index ETF during the second quarter worth $1,879,000. Finally, Commonwealth Equity Services LLC grew its holdings in Fidelity MSCI Materials Index ETF by 25.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 209,208 shares of the company’s stock valued at $8,575,000 after buying an additional 42,504 shares in the last quarter.

Fidelity MSCI Materials Index ETF Stock Down 0.8 %

Shares of FMAT opened at $45.73 on Friday. Fidelity MSCI Materials Index ETF has a 52-week low of $37.43 and a 52-week high of $51.43. The stock has a fifty day simple moving average of $45.20 and a two-hundred day simple moving average of $42.94.

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Institutional Ownership by Quarter for Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

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