Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Reaches New 12-Month High – Here’s What Happened

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) hit a new 52-week high during trading on Friday . The stock traded as high as $77.15 and last traded at $77.15, with a volume of 38931 shares traded. The stock had previously closed at $75.69.

Fidelity MSCI Health Care Index ETF Stock Up 2.7%

The company’s 50-day moving average is $71.70 and its two-hundred day moving average is $72.93. The company has a market capitalization of $3.16 billion, a P/E ratio of 21.23 and a beta of 0.61.

Hedge Funds Weigh In On Fidelity MSCI Health Care Index ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FHLC. Blair William & Co. IL raised its position in shares of Fidelity MSCI Health Care Index ETF by 7.3% during the 3rd quarter. Blair William & Co. IL now owns 2,020 shares of the company’s stock valued at $135,000 after buying an additional 137 shares in the last quarter. Roxbury Financial LLC grew its position in Fidelity MSCI Health Care Index ETF by 0.6% in the fourth quarter. Roxbury Financial LLC now owns 24,646 shares of the company’s stock worth $1,831,000 after acquiring an additional 147 shares in the last quarter. US Bancorp DE grew its position in Fidelity MSCI Health Care Index ETF by 6.7% in the third quarter. US Bancorp DE now owns 2,333 shares of the company’s stock worth $156,000 after acquiring an additional 147 shares in the last quarter. Meramec Financial Planners LLC increased its stake in Fidelity MSCI Health Care Index ETF by 65.3% in the first quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock valued at $28,000 after acquiring an additional 156 shares during the last quarter. Finally, Comerica Bank increased its stake in Fidelity MSCI Health Care Index ETF by 5.5% in the third quarter. Comerica Bank now owns 3,595 shares of the company’s stock valued at $240,000 after acquiring an additional 189 shares during the last quarter.

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.