Truist Financial Corp Has $499,000 Stake in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Truist Financial Corp trimmed its position in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT – Get Rating) by 87.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 13,123 shares of the company’s stock after selling 93,872 shares during the period. Truist Financial Corp’s holdings in Fidelity MSCI Materials Index ETF were worth $499,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. AE Wealth Management LLC acquired a new stake in Fidelity MSCI Materials Index ETF during the third quarter worth about $7,894,000. Southern Capital Advisors LLC boosted its stake in shares of Fidelity MSCI Materials Index ETF by 19.6% in the 3rd quarter. Southern Capital Advisors LLC now owns 18,284 shares of the company’s stock valued at $695,000 after purchasing an additional 2,994 shares in the last quarter. Lynch & Associates IN boosted its stake in shares of Fidelity MSCI Materials Index ETF by 6.5% in the 3rd quarter. Lynch & Associates IN now owns 6,954 shares of the company’s stock valued at $264,000 after purchasing an additional 425 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Fidelity MSCI Materials Index ETF by 58.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 93,677 shares of the company’s stock valued at $3,840,000 after purchasing an additional 34,709 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of Fidelity MSCI Materials Index ETF by 7.3% in the 2nd quarter. International Assets Investment Management LLC now owns 6,387 shares of the company’s stock valued at $322,000 after purchasing an additional 434 shares in the last quarter.

Fidelity MSCI Materials Index ETF Stock Performance

FMAT opened at $46.81 on Tuesday. The company’s 50 day moving average is $45.26 and its 200-day moving average is $43.05. Fidelity MSCI Materials Index ETF has a 1-year low of $37.43 and a 1-year high of $51.43.