Strengthening Families & Communities LLC Buys New Stake in Fidelity MSCI Health Care Index ETF $FHLC

Strengthening Families & Communities LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 123,633 shares of the company’s stock, valued at approximately $10,101,000. Fidelity MSCI Health Care Index ETF accounts for 2.2% of Strengthening Families & Communities LLC’s holdings, making the stock its 7th biggest position.

Several other hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in Fidelity MSCI Health Care Index ETF by 13.0% during the 2nd quarter. NewEdge Advisors LLC now owns 100,270 shares of the company’s stock worth $7,746,000 after buying an additional 11,553 shares during the period. Elevated Capital Advisors LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 736.3% during the first quarter. Elevated Capital Advisors LLC now owns 22,188 shares of the company’s stock worth $1,561,000 after buying an additional 19,535 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.7% during the first quarter. Royal Bank of Canada now owns 39,494 shares of the company’s stock worth $2,779,000 after buying an additional 6,764 shares in the last quarter. Marotta Asset Management lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 8.8% during the first quarter. Marotta Asset Management now owns 167,439 shares of the company’s stock worth $11,873,000 after buying an additional 13,592 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 336.5% in the first quarter. Janney Montgomery Scott LLC now owns 57,158 shares of the company’s stock valued at $4,022,000 after acquiring an additional 44,063 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 0.7%

Shares of Fidelity MSCI Health Care Index ETF stock traded down $0.58 during trading on Wednesday, reaching $85.72. The company’s stock had a trading volume of 101,760 shares, compared to its average volume of 213,565. The business’s 50-day moving average price is $82.56 and its 200-day moving average price is $77.17. Fidelity MSCI Health Care Index ETF has a 52 week low of $68.46 and a 52 week high of $86.37. The firm has a market cap of $3.81 billion, a PE ratio of 21.23 and a beta of 0.59.

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.