Park Avenue Securities LLC Makes New $3.36 Million Investment in Fidelity MSCI Health Care Index ETF $FHLC

Park Avenue Securities LLC acquired a new stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 41,146 shares of the company’s stock, valued at approximately $3,362,000.

A number of other hedge funds have also modified their holdings of the business. Fifth Third Securities Inc. grew its position in shares of Fidelity MSCI Health Care Index ETF by 0.5% during the third quarter. Fifth Third Securities Inc. now owns 22,632 shares of the company’s stock worth $1,849,000 after acquiring an additional 123 shares during the last quarter. Smith Chas P & Associates PA Cpas raised its position in Fidelity MSCI Health Care Index ETF by 1.9% in the 3rd quarter. Smith Chas P & Associates PA Cpas now owns 7,014 shares of the company’s stock valued at $593,000 after purchasing an additional 130 shares during the last quarter. LongView Wealth Management raised its position in Fidelity MSCI Health Care Index ETF by 3.4% in the 3rd quarter. LongView Wealth Management now owns 4,300 shares of the company’s stock valued at $351,000 after purchasing an additional 141 shares during the last quarter. Meramec Financial Planners LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 65.3% during the 1st quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock worth $28,000 after purchasing an additional 156 shares during the period. Finally, Partnership Wealth Management LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 3.1% during the 2nd quarter. Partnership Wealth Management LLC now owns 5,355 shares of the company’s stock worth $414,000 after purchasing an additional 162 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of Fidelity MSCI Health Care Index ETF stock opened at $88.56 on Friday. Fidelity MSCI Health Care Index ETF has a 1 year low of $68.46 and a 1 year high of $90.05. The company has a market capitalization of $3.94 billion, a P/E ratio of 21.23 and a beta of 0.59. The company’s fifty day moving average is $83.24 and its two-hundred day moving average is $76.59.

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.