Lifeworks Advisors LLC Acquires 5,697 Shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Lifeworks Advisors LLC increased its position in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 26.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,988 shares of the company’s stock after buying an additional 5,697 shares during the period. Lifeworks Advisors LLC owned 0.27% of Fidelity MSCI Materials Index ETF worth $1,301,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FMAT. Raymond James Financial Inc. acquired a new position in shares of Fidelity MSCI Materials Index ETF during the fourth quarter valued at about $600,000. Cullen Frost Bankers Inc. grew its holdings in shares of Fidelity MSCI Materials Index ETF by 111.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,473 shares of the company’s stock worth $71,000 after purchasing an additional 776 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Fidelity MSCI Materials Index ETF by 107.3% during the fourth quarter. Bank of New York Mellon Corp now owns 40,208 shares of the company’s stock worth $1,938,000 after buying an additional 20,810 shares during the last quarter. Wealthgarden F.S. LLC acquired a new stake in Fidelity MSCI Materials Index ETF during the 4th quarter valued at $279,000. Finally, Global Retirement Partners LLC increased its stake in shares of Fidelity MSCI Materials Index ETF by 497.8% in the fourth quarter. Global Retirement Partners LLC now owns 813 shares of the company’s stock valued at $39,000 after buying an additional 677 shares in the last quarter.

Fidelity MSCI Materials Index ETF Trading Up 0.1 %

Shares of NYSEARCA FMAT opened at $49.62 on Friday. The company has a market cap of $543.34 million, a PE ratio of 23.92 and a beta of 1.13. The company has a 50-day moving average of $49.94 and a two-hundred day moving average of $51.72. Fidelity MSCI Materials Index ETF has a 1-year low of $47.34 and a 1-year high of $55.28.

About Fidelity MSCI Materials Index ETF

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.