NewEdge Advisors LLC Has $2.66 Million Holdings in Fidelity MSCI Health Care Index ETF $FHLC

NewEdge Advisors LLC cut its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 62.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,759 shares of the company’s stock after selling 62,415 shares during the quarter. NewEdge Advisors LLC owned 0.09% of Fidelity MSCI Health Care Index ETF worth $2,657,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 42.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,739,003 shares of the company’s stock valued at $203,453,000 after buying an additional 820,771 shares during the period. Lido Advisors LLC increased its stake in Fidelity MSCI Health Care Index ETF by 6.3% during the 1st quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock worth $151,983,000 after acquiring an additional 127,325 shares during the period. LPL Financial LLC increased its stake in Fidelity MSCI Health Care Index ETF by 4.6% during the 4th quarter. LPL Financial LLC now owns 675,065 shares of the company’s stock worth $50,144,000 after acquiring an additional 29,461 shares during the period. Altfest L J & Co. Inc. raised its holdings in Fidelity MSCI Health Care Index ETF by 19.2% in the 4th quarter. Altfest L J & Co. Inc. now owns 345,718 shares of the company’s stock valued at $25,680,000 after acquiring an additional 55,673 shares in the last quarter. Finally, Weatherly Asset Management L. P. raised its holdings in Fidelity MSCI Health Care Index ETF by 2.9% in the 1st quarter. Weatherly Asset Management L. P. now owns 306,475 shares of the company’s stock valued at $21,564,000 after acquiring an additional 8,602 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA:FHLC opened at $78.75 on Friday. The stock has a fifty day moving average price of $75.94 and a 200-day moving average price of $73.69. The company has a market cap of $3.28 billion, a price-to-earnings ratio of 21.23 and a beta of 0.60. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $61.11 and a fifty-two week high of $81.36.

Fidelity MSCI Health Care Index ETF Company Profile

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.