Lincoln National Corp boosted its position in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT – Free Report) by 41.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,272 shares of the company’s stock after acquiring an additional 5,026 shares during the period. Lincoln National Corp owned 0.17% of Fidelity MSCI Materials Index ETF worth $787,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in shares of Fidelity MSCI Materials Index ETF in the 1st quarter worth approximately $192,000. Raymond James Financial Services Advisors Inc. grew its stake in shares of Fidelity MSCI Materials Index ETF by 9.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 22,933 shares of the company’s stock valued at $1,139,000 after buying an additional 2,008 shares during the last quarter. Beaumont Capital Management LLC bought a new stake in shares of Fidelity MSCI Materials Index ETF in the 1st quarter valued at about $6,991,000. International Assets Investment Management LLC purchased a new stake in shares of Fidelity MSCI Materials Index ETF during the first quarter valued at approximately $375,000. Finally, Atria Wealth Solutions Inc. bought a new stake in Fidelity MSCI Materials Index ETF during the 1st quarter valued at $312,000.
Fidelity MSCI Materials Index ETF Stock Down 0.0 %
Shares of Fidelity MSCI Materials Index ETF stock opened at $47.32 on Monday. Fidelity MSCI Materials Index ETF has a 12-month low of $37.43 and a 12-month high of $48.58. The firm has a market cap of $468.47 million, a PE ratio of 11.96 and a beta of 1.12. The company’s fifty day simple moving average is $45.17 and its two-hundred day simple moving average is $45.45.
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.
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