Demars Financial Group LLC Buys New Holdings in Fidelity MSCI Health Care Index ETF $FHLC

Demars Financial Group LLC acquired a new stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,982 shares of the company’s stock, valued at approximately $489,000.

Several other hedge funds have also added to or reduced their stakes in FHLC. Tompkins Financial Corp acquired a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth $27,000. Meramec Financial Planners LLC increased its position in Fidelity MSCI Health Care Index ETF by 65.3% during the first quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock worth $28,000 after acquiring an additional 156 shares during the period. Mather Group LLC. acquired a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth about $49,000. Bessemer Group Inc. acquired a new stake in Fidelity MSCI Health Care Index ETF in the 1st quarter worth about $69,000. Finally, CoreCap Advisors LLC acquired a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth about $107,000.

Fidelity MSCI Health Care Index ETF Stock Up 1.2%

Shares of NYSEARCA:FHLC opened at $86.95 on Friday. The company’s 50 day moving average price is $82.74 and its two-hundred day moving average price is $77.40. Fidelity MSCI Health Care Index ETF has a 12-month low of $68.46 and a 12-month high of $87.25. The firm has a market cap of $3.86 billion, a PE ratio of 21.23 and a beta of 0.59.

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.