Lynch & Associates IN Has $277,000 Stock Holdings in Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

Lynch & Associates IN boosted its holdings in shares of Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT) by 5.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 8,565 shares of the company’s stock after acquiring an additional 462 shares during the period. Lynch & Associates IN owned 0.14% of Fidelity MSCI Materials Index ETF worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FMAT. Boston Private Wealth LLC acquired a new stake in Fidelity MSCI Materials Index ETF during the 2nd quarter worth $3,722,000. Adirondack Trust Co. acquired a new stake in Fidelity MSCI Materials Index ETF during the 2nd quarter worth $29,000. Mackey Komara & Dankovich LLC acquired a new position in shares of Fidelity MSCI Materials Index ETF in the 2nd quarter valued at $629,000. Exchange Capital Management Inc. grew its holdings in shares of Fidelity MSCI Materials Index ETF by 5.2% in the 2nd quarter. Exchange Capital Management Inc. now owns 29,023 shares of the company’s stock valued at $952,000 after buying an additional 1,438 shares during the period. Finally, SJA Financial Advisory LLC grew its holdings in shares of Fidelity MSCI Materials Index ETF by 4.9% in the 2nd quarter. SJA Financial Advisory LLC now owns 131,702 shares of the company’s stock valued at $4,320,000 after buying an additional 6,159 shares during the period.

Shares of FMAT stock traded down $0.02 on Thursday, hitting $31.06. The stock had a trading volume of 13 shares, compared to its average volume of 57,353. Fidelity MSCI Materials Index ETF has a twelve month low of $26.49 and a twelve month high of $34.05. The company has a fifty day moving average price of $31.71 and a two-hundred day moving average price of $31.87.

The company also recently declared a — dividend, which was paid on Wednesday, September 25th. Stockholders of record on Monday, September 23rd were issued a $0.162 dividend. This represents a dividend yield of 2%. The ex-dividend date was Friday, September 20th.

Further Reading: When can a hold rating present a buying opportunity?

Institutional Ownership by Quarter for Fidelity MSCI Materials Index ETF (NYSEARCA:FMAT)

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