Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Reaches New 12-Month High – Here’s What Happened

Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLCGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $77.15 and last traded at $77.15, with a volume of 38931 shares. The stock had previously closed at $75.69.

Fidelity MSCI Health Care Index ETF Trading Up 2.7%

The business has a fifty day moving average price of $71.70 and a 200-day moving average price of $72.93. The stock has a market capitalization of $3.16 billion, a PE ratio of 21.23 and a beta of 0.61.

Institutional Trading of Fidelity MSCI Health Care Index ETF

A number of hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter worth approximately $26,000. Meramec Financial Planners LLC raised its stake in shares of Fidelity MSCI Health Care Index ETF by 65.3% during the first quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock worth $28,000 after acquiring an additional 156 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth approximately $34,000. Russell Investments Group Ltd. lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1,105.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after acquiring an additional 431 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter worth approximately $37,000.

Fidelity MSCI Health Care Index ETF Company Profile

(Get Free Report)

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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