Investors Research Corp Raises Stock Position in Fidelity MSCI Health Care Index ETF $FHLC

Investors Research Corp boosted its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 213,079 shares of the company’s stock after purchasing an additional 7,644 shares during the quarter. Fidelity MSCI Health Care Index ETF comprises about 2.9% of Investors Research Corp’s holdings, making the stock its 8th biggest position. Investors Research Corp owned 0.56% of Fidelity MSCI Health Care Index ETF worth $15,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FHLC. Rockland Trust Co. acquired a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter valued at about $21,916,000. Altfest L J & Co. Inc. acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at about $19,395,000. Mercer Global Advisors Inc. ADV increased its position in Fidelity MSCI Health Care Index ETF by 5,460.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock valued at $17,845,000 after buying an additional 262,069 shares in the last quarter. Strengthening Families & Communities LLC increased its position in Fidelity MSCI Health Care Index ETF by 1,765.5% in the 3rd quarter. Strengthening Families & Communities LLC now owns 163,676 shares of the company’s stock valued at $10,982,000 after buying an additional 154,902 shares in the last quarter. Finally, AGF Management Ltd. raised its stake in Fidelity MSCI Health Care Index ETF by 20.0% during the 3rd quarter. AGF Management Ltd. now owns 907,336 shares of the company’s stock worth $60,674,000 after buying an additional 150,947 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC opened at $70.17 on Friday. The business’s 50 day simple moving average is $74.35 and its two-hundred day simple moving average is $72.06. The firm has a market cap of $2.68 billion, a P/E ratio of 21.23 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a 52-week low of $60.35 and a 52-week high of $77.10.

Fidelity MSCI Health Care Index ETF Company 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.