Fidelity MSCI Materials Index ETF Stock Forecast, Price & News

Wall Street analysts have given Fidelity MSCI Materials Index ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fidelity MSCI Materials Index ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Fidelity MSCI Materials Index ETF's stock was trading at $26.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FMAT stock has increased by 71.6% and is now trading at $45.15.
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Fidelity MSCI Materials Index ETF pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.48%.
View Fidelity MSCI Materials Index ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fidelity MSCI Materials Index ETF investors own include Omnicell (OMCL), AT&T (T), Banco Santander-Chile (BSAC), BP Prudhoe Bay Royalty Trust (BPT), BlackRock (BLK), Blucora (BCOR), Bluegreen Vacations (BBXTB), Alibaba Group (BABA), Advanced Micro Devices (AMD) and AMC Networks (AMCX).

Fidelity MSCI Materials Index ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FMAT."

Fidelity MSCI Materials Index ETF's stock is owned by a number of institutional and retail investors. Top institutional investors include Brookstone Capital Management (7.40%), Lido Advisors LLC (2.76%), Envestnet Asset Management Inc. (1.61%), Advisor Group Holdings Inc. (1.43%), Peak Financial Management Inc. (1.41%) and Wells Fargo & Company MN (1.40%).

FMAT stock was sold by a variety of institutional investors in the last quarter, including Beaumont Financial Partners LLC, Royal Bank of Canada, Commonwealth Equity Services LLC, Peak Financial Management Inc., FMR LLC, Brinker Capital Investments LLC, Morgan Stanley, and Morgan Stanley.

FMAT stock was purchased by a variety of institutional investors in the last quarter, including Brookstone Capital Management, Personal CFO Solutions LLC, Goldman Sachs Group Inc., Q3 Asset Management, Mirsky Financial Management CORP., Tocqueville Asset Management L.P., Lido Advisors LLC, and HBW Advisory Services LLC.

Shares of FMAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FMAT stock can currently be purchased for approximately $45.15.

Fidelity MSCI Materials Index ETF has a market capitalization of $483.11 million.