Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $81.39 and last traded at $81.18, with a volume of 16451 shares. The stock had previously closed at $80.67.
Fidelity MSCI Health Care Index ETF Stock Performance
The stock has a market capitalization of $3.39 billion, a P/E ratio of 21.23 and a beta of 0.59. The firm has a 50-day moving average price of $76.68 and a 200 day moving average price of $73.83.
Institutional Trading of Fidelity MSCI Health Care Index ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 42.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,739,003 shares of the company’s stock valued at $203,453,000 after purchasing an additional 820,771 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 5,460.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock worth $17,845,000 after purchasing an additional 262,069 shares during the last quarter. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 6.3% in the first quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock worth $151,983,000 after buying an additional 127,325 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 1,276.5% in the first quarter. Goldman Sachs Group Inc. now owns 110,807 shares of the company’s stock worth $7,570,000 after buying an additional 102,757 shares during the period. Finally, Q3 Asset Management purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth $6,304,000.
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.
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