74,568 Shares in Fidelity MSCI Health Care Index ETF $FHLC Purchased by Traynor Capital Management Inc.

Traynor Capital Management Inc. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 74,568 shares of the company’s stock, valued at approximately $6,092,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FHLC. Tompkins Financial Corp bought a new position in shares of Fidelity MSCI Health Care Index ETF in the third quarter valued at approximately $27,000. Mather Group LLC. bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 3rd quarter worth $49,000. Bessemer Group Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 1st quarter worth $69,000. CoreCap Advisors LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 3rd quarter worth $107,000. Finally, Pinnacle Wealth Planning Services Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at $121,000.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA:FHLC opened at $88.56 on Monday. The firm has a market capitalization of $3.94 billion, a PE ratio of 21.23 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1 year low of $68.46 and a 1 year high of $90.05. The firm’s fifty day simple moving average is $83.24 and its 200 day simple moving average is $76.59.

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.