Jacobs Equity LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,663 shares of the company’s stock, valued at approximately $1,089,000. Fidelity MSCI Health Care Index ETF accounts for 1.0% of Jacobs Equity LLC’s investment portfolio, making the stock its 27th largest holding.
A number of other hedge funds and other institutional investors have also bought and sold shares of FHLC. Charles Schwab Investment Management Inc. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 42.8% during 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 raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 7.4% during the third quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock valued at $136,167,000 after acquiring an additional 141,132 shares in the last quarter. LPL Financial LLC lifted its stake in Fidelity MSCI Health Care Index ETF by 4.6% in the fourth 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. lifted its stake in Fidelity MSCI Health Care Index ETF by 19.2% in the fourth quarter. Altfest L J & Co. Inc. now owns 345,718 shares of the company’s stock worth $25,680,000 after acquiring an additional 55,673 shares during the period. Finally, Weatherly Asset Management L. P. boosted its holdings in Fidelity MSCI Health Care Index ETF by 4.1% in the fourth quarter. Weatherly Asset Management L. P. now owns 297,873 shares of the company’s stock valued at $22,126,000 after acquiring an additional 11,607 shares in the last quarter.
Fidelity MSCI Health Care Index ETF Stock Down 0.9%
NYSEARCA:FHLC opened at $72.22 on Friday. The firm’s fifty day simple moving average is $71.46 and its 200 day simple moving average is $72.95. The stock has a market cap of $2.93 billion, a P/E ratio of 21.23 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a twelve month low of $61.11 and a twelve month high of $77.10.
Fidelity MSCI Health Care Index ETF 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.
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