Summit X LLC Takes $300,000 Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Summit X LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,392 shares of the company’s stock, valued at approximately $300,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Southern Capital Advisors LLC increased its stake in Fidelity MSCI Health Care Index ETF by 1.9% in the 1st quarter. Southern Capital Advisors LLC now owns 8,922 shares of the company’s stock worth $610,000 after purchasing an additional 167 shares in the last quarter. Pacific Sun Financial Corp increased its position in shares of Fidelity MSCI Health Care Index ETF by 2.5% in the first quarter. Pacific Sun Financial Corp now owns 6,903 shares of the company’s stock worth $472,000 after acquiring an additional 170 shares in the last quarter. Continuum Advisory LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 6.5% during the first quarter. Continuum Advisory LLC now owns 3,146 shares of the company’s stock valued at $215,000 after acquiring an additional 193 shares during the period. Glass Jacobson Investment Advisors llc lifted its position in shares of Fidelity MSCI Health Care Index ETF by 2.1% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 12,075 shares of the company’s stock valued at $789,000 after acquiring an additional 243 shares in the last quarter. Finally, LongView Wealth Management boosted its stake in Fidelity MSCI Health Care Index ETF by 4.4% in the 1st quarter. LongView Wealth Management now owns 5,799 shares of the company’s stock worth $396,000 after purchasing an additional 246 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA FHLC opened at $63.76 on Thursday. The firm’s 50 day moving average price is $63.38 and its two-hundred day moving average price is $65.87. Fidelity MSCI Health Care Index ETF has a twelve month low of $60.35 and a twelve month high of $74.48. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 21.23 and a beta of 0.72.

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.