SYM FINANCIAL Corp Reduces Holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

SYM FINANCIAL Corp lowered its position in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 57.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000 shares of the company’s stock after selling 1,350 shares during the quarter. SYM FINANCIAL Corp’s holdings in Fidelity MSCI Materials Index ETF were worth $49,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity MSCI Materials Index ETF by 5.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 108,355 shares of the company’s stock valued at $4,788,000 after buying an additional 5,329 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Fidelity MSCI Materials Index ETF by 7.2% during the 3rd quarter. Park Avenue Securities LLC now owns 23,205 shares of the company’s stock worth $1,025,000 after acquiring an additional 1,555 shares in the last quarter. Strengthening Families & Communities LLC raised its stake in shares of Fidelity MSCI Materials Index ETF by 12.4% in the 3rd quarter. Strengthening Families & Communities LLC now owns 6,894 shares of the company’s stock valued at $305,000 after purchasing an additional 762 shares in the last quarter. Lincoln National Corp lifted its position in shares of Fidelity MSCI Materials Index ETF by 307.0% during the third quarter. Lincoln National Corp now owns 21,920 shares of the company’s stock worth $969,000 after purchasing an additional 16,534 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Fidelity MSCI Materials Index ETF by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 354,807 shares of the company’s stock worth $15,679,000 after purchasing an additional 59,047 shares in the last quarter.

Fidelity MSCI Materials Index ETF Trading Up 0.9 %

Fidelity MSCI Materials Index ETF stock traded up $0.46 during midday trading on Friday, hitting $50.51. The stock had a trading volume of 57,650 shares, compared to its average volume of 36,428. The business has a fifty day moving average price of $50.77 and a 200 day moving average price of $47.85. Fidelity MSCI Materials Index ETF has a 12 month low of $41.62 and a 12 month high of $52.77. The stock has a market cap of $510.15 million, a P/E ratio of 15.43 and a beta of 0.97.

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.