Retirement Planning Group LLC Makes New Investment in Fidelity MSCI Health Care Index ETF $FHLC

Retirement Planning Group LLC purchased a new position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,445 shares of the company’s stock, valued at approximately $1,017,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lido Advisors LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 6.3% during the first quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock valued at $151,983,000 after buying an additional 127,325 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Fidelity MSCI Health Care Index ETF by 70.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 569,997 shares of the company’s stock worth $44,032,000 after buying an additional 236,054 shares during the last quarter. Kestra Advisory Services LLC raised its position in Fidelity MSCI Health Care Index ETF by 9.1% in the 1st quarter. Kestra Advisory Services LLC now owns 287,946 shares of the company’s stock worth $20,260,000 after buying an additional 23,903 shares during the last quarter. Apollon Wealth Management LLC raised its position in Fidelity MSCI Health Care Index ETF by 12.0% in the 1st quarter. Apollon Wealth Management LLC now owns 216,412 shares of the company’s stock worth $15,227,000 after buying an additional 23,135 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in Fidelity MSCI Health Care Index ETF by 4.4% during the 1st quarter. Cetera Investment Advisers now owns 215,250 shares of the company’s stock valued at $15,145,000 after acquiring an additional 8,990 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Up 2.4%

Shares of NYSEARCA FHLC opened at $86.30 on Wednesday. The firm’s 50-day moving average price is $82.56 and its 200-day moving average price is $77.17. The company has a market cap of $3.83 billion, a PE ratio of 21.23 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 52-week low of $68.46 and a 52-week high of $86.37.

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.