Atria Wealth Solutions Inc. Acquires 506 Shares of Fidelity MSCI Materials Index ETF $FMAT

Atria Wealth Solutions Inc. increased its holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 6.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,638 shares of the company’s stock after acquiring an additional 506 shares during the period. Atria Wealth Solutions Inc. owned about 0.10% of Fidelity MSCI Materials Index ETF worth $447,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in shares of Fidelity MSCI Materials Index ETF in the second quarter valued at approximately $36,000. Jones Financial Companies Lllp grew its holdings in shares of Fidelity MSCI Materials Index ETF by 1,778.8% in the first quarter. Jones Financial Companies Lllp now owns 2,480 shares of the company’s stock valued at $124,000 after acquiring an additional 2,348 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Fidelity MSCI Materials Index ETF by 68.6% in the first quarter. IFP Advisors Inc now owns 2,537 shares of the company’s stock valued at $123,000 after acquiring an additional 1,032 shares in the last quarter. CWM LLC grew its holdings in shares of Fidelity MSCI Materials Index ETF by 263.1% in the first quarter. CWM LLC now owns 4,560 shares of the company’s stock valued at $220,000 after acquiring an additional 3,304 shares in the last quarter. Finally, Vicus Capital bought a new position in Fidelity MSCI Materials Index ETF during the second quarter valued at $250,000.

Fidelity MSCI Materials Index ETF Trading Down 0.5%

Shares of NYSEARCA FMAT opened at $51.64 on Monday. The stock has a fifty day simple moving average of $52.48 and a two-hundred day simple moving average of $50.16. Fidelity MSCI Materials Index ETF has a 1-year low of $41.39 and a 1-year high of $55.28. The firm has a market cap of $423.45 million, a price-to-earnings ratio of 23.26 and a beta of 1.12.

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.