NewEdge Advisors LLC grew its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Free Report) by 13.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 100,270 shares of the company’s stock after buying an additional 11,553 shares during the period. NewEdge Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $7,746,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of FHLC. Franklin Resources Inc. acquired a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter worth $26,000. Meramec Financial Planners LLC lifted its position in Fidelity MSCI Health Care Index ETF by 65.3% in the first quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock valued at $28,000 after acquiring an additional 156 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Fidelity MSCI Health Care Index ETF by 1,105.1% in the third quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock valued at $31,000 after acquiring an additional 431 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $34,000. Finally, Advocate Investing Services LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $37,000.
Fidelity MSCI Health Care Index ETF Stock Performance
Shares of FHLC stock opened at $80.30 on Friday. The stock’s 50-day moving average is $80.84 and its two-hundred day moving average is $75.24. Fidelity MSCI Health Care Index ETF has a 1 year low of $64.30 and a 1 year high of $85.46. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 21.23 and a beta of 0.60.
About Fidelity MSCI Health Care Index ETF
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.
Featured Articles
- Five stocks we like better than Fidelity MSCI Health Care Index ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Want to see what other hedge funds are holding FHLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Free Report).
Receive News & Ratings for Fidelity MSCI Health Care Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Health Care Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
