Cambridge Investment Research Advisors Inc. Sells 1,745 Shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Cambridge Investment Research Advisors Inc. cut its holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMATFree Report) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,956 shares of the company’s stock after selling 1,745 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.30% of Fidelity MSCI Materials Index ETF worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. AGF Management Ltd. boosted its position in Fidelity MSCI Materials Index ETF by 42.1% during the 4th quarter. AGF Management Ltd. now owns 34,324 shares of the company’s stock valued at $1,673,000 after acquiring an additional 10,167 shares in the last quarter. Certified Advisory Corp boosted its position in Fidelity MSCI Materials Index ETF by 28.5% during the 3rd quarter. Certified Advisory Corp now owns 47,319 shares of the company’s stock valued at $2,091,000 after acquiring an additional 10,496 shares in the last quarter. LPL Financial LLC boosted its position in Fidelity MSCI Materials Index ETF by 12.3% during the 3rd quarter. LPL Financial LLC now owns 90,678 shares of the company’s stock valued at $4,007,000 after acquiring an additional 9,964 shares in the last quarter. Robertson Stephens Wealth Management LLC bought a new stake in Fidelity MSCI Materials Index ETF during the 4th quarter valued at approximately $327,000. Finally, B.O.S.S. Retirement Advisors LLC purchased a new position in shares of Fidelity MSCI Materials Index ETF during the fourth quarter valued at approximately $275,000.

Fidelity MSCI Materials Index ETF Stock Performance

FMAT stock opened at $51.04 on Friday. The firm has a 50 day moving average price of $51.17 and a 200-day moving average price of $49.17. Fidelity MSCI Materials Index ETF has a 52-week low of $41.62 and a 52-week high of $52.77. The firm has a market capitalization of $515.50 million, a price-to-earnings ratio of 15.76 and a beta of 0.92.

Fidelity MSCI Materials Index ETF Company Profile

(Free Report)

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.

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

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