Schmidt P J Investment Management Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,474 shares of the company’s stock, valued at approximately $611,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 13.0% in the 2nd quarter. NewEdge Advisors LLC now owns 100,270 shares of the company’s stock worth $7,746,000 after purchasing an additional 11,553 shares in the last quarter. Elevated Capital Advisors LLC increased its position in Fidelity MSCI Health Care Index ETF by 736.3% during the 1st quarter. Elevated Capital Advisors LLC now owns 22,188 shares of the company’s stock valued at $1,561,000 after buying an additional 19,535 shares in the last quarter. Royal Bank of Canada increased its position in Fidelity MSCI Health Care Index ETF by 20.7% during the 1st quarter. Royal Bank of Canada now owns 39,494 shares of the company’s stock valued at $2,779,000 after buying an additional 6,764 shares in the last quarter. LexAurum Advisors LLC bought a new position in Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at approximately $609,000. Finally, Rockland Trust Co. purchased a new position in Fidelity MSCI Health Care Index ETF during the third quarter valued at $2,314,000.
Fidelity MSCI Health Care Index ETF Trading Up 3.1%
Shares of NYSEARCA:FHLC opened at $90.77 on Thursday. The stock has a fifty day simple moving average of $83.49 and a two-hundred day simple moving average of $76.80. Fidelity MSCI Health Care Index ETF has a 12-month low of $68.46 and a 12-month high of $91.03. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 21.23 and a beta of 0.57.
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.
Recommended Stories
- Five stocks we like better than Fidelity MSCI Health Care Index ETF
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
