Decker Retirement Planning Inc. Makes New Investment in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Decker Retirement Planning Inc. purchased a new stake in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 689 shares of the company’s stock, valued at approximately $33,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Certified Advisory Corp grew its stake in shares of Fidelity MSCI Materials Index ETF by 23.6% in the fourth quarter. Certified Advisory Corp now owns 84,635 shares of the company’s stock valued at $4,079,000 after buying an additional 16,170 shares in the last quarter. Park Avenue Securities LLC grew its position in Fidelity MSCI Materials Index ETF by 25.7% in the 4th quarter. Park Avenue Securities LLC now owns 38,481 shares of the company’s stock valued at $1,854,000 after acquiring an additional 7,872 shares in the last quarter. SeaCrest Wealth Management LLC grew its position in Fidelity MSCI Materials Index ETF by 2.5% in the 4th quarter. SeaCrest Wealth Management LLC now owns 14,891 shares of the company’s stock valued at $718,000 after acquiring an additional 358 shares in the last quarter. Elevated Capital Advisors LLC increased its stake in Fidelity MSCI Materials Index ETF by 117.7% during the fourth quarter. Elevated Capital Advisors LLC now owns 24,178 shares of the company’s stock worth $1,165,000 after purchasing an additional 13,073 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Fidelity MSCI Materials Index ETF by 7.3% during the third quarter. JPMorgan Chase & Co. now owns 26,938 shares of the company’s stock worth $1,460,000 after purchasing an additional 1,833 shares in the last quarter.

Fidelity MSCI Materials Index ETF Stock Performance

Shares of FMAT stock opened at $50.48 on Friday. Fidelity MSCI Materials Index ETF has a fifty-two week low of $45.83 and a fifty-two week high of $55.28. The company has a 50 day moving average price of $51.00 and a 200 day moving average price of $51.69. The stock has a market capitalization of $509.85 million, a P/E ratio of 15.76 and a beta of 0.92.

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.