Mesirow Financial Investment Management Inc. Increases Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Mesirow Financial Investment Management Inc. grew its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 14.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,489 shares of the company’s stock after buying an additional 561 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $327,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Beckerman Institutional LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the third quarter worth approximately $2,146,000. Spinnaker Trust grew its position in Fidelity MSCI Health Care Index ETF by 8.1% in the 3rd quarter. Spinnaker Trust now owns 68,252 shares of the company’s stock worth $4,969,000 after purchasing an additional 5,122 shares during the period. Armor Investment Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 3.9% during the 3rd quarter. Armor Investment Advisors LLC now owns 84,700 shares of the company’s stock valued at $6,166,000 after buying an additional 3,187 shares during the last quarter. Financial Partners Group Inc lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1.4% during the 3rd quarter. Financial Partners Group Inc now owns 69,347 shares of the company’s stock valued at $5,048,000 after buying an additional 931 shares during the period. Finally, Weatherly Asset Management L. P. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 11.1% in the 3rd quarter. Weatherly Asset Management L. P. now owns 235,143 shares of the company’s stock worth $17,118,000 after buying an additional 23,442 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 1.4 %

Shares of FHLC stock opened at $70.21 on Wednesday. Fidelity MSCI Health Care Index ETF has a 12 month low of $58.58 and a 12 month high of $74.48. The stock has a market cap of $3.16 billion, a P/E ratio of 23.99 and a beta of 0.59. The company has a 50 day simple moving average of $72.09 and a two-hundred day simple moving average of $70.35.

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.