Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Get Free Report) saw unusually-high trading volume on Wednesday. Approximately 1,147,440 shares changed hands during mid-day trading, an increase of 440% from the previous session’s volume of 212,683 shares. The stock last traded at $82.2250 and had previously closed at $82.63.
Fidelity MSCI Health Care Index ETF Price Performance
The company has a market cap of $3.46 billion, a P/E ratio of 21.23 and a beta of 0.60. The stock has a fifty day moving average price of $81.69 and a two-hundred day moving average price of $75.87.
Hedge Funds Weigh In On Fidelity MSCI Health Care Index ETF
Several large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in Fidelity MSCI Health Care Index ETF by 70.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 569,997 shares of the company’s stock worth $44,032,000 after acquiring an additional 236,054 shares during the last quarter. Lido Advisors LLC lifted its position in shares of Fidelity MSCI Health Care Index ETF by 6.3% during the first quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock valued at $151,983,000 after purchasing an additional 127,325 shares in the last quarter. Eley Financial Management Inc boosted its holdings in Fidelity MSCI Health Care Index ETF by 1,853.4% during the first quarter. Eley Financial Management Inc now owns 65,127 shares of the company’s stock worth $4,367,000 after purchasing an additional 61,793 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Fidelity MSCI Health Care Index ETF by 336.5% during the first quarter. Janney Montgomery Scott LLC now owns 57,158 shares of the company’s stock worth $4,022,000 after purchasing an additional 44,063 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in Fidelity MSCI Health Care Index ETF by 62.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 113,720 shares of the company’s stock worth $8,447,000 after purchasing an additional 43,592 shares in the last quarter.
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.
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