Jacobs Equity LLC Makes New $1.09 Million Investment in Fidelity MSCI Health Care Index ETF $FHLC

Jacobs Equity LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 14,663 shares of the company’s stock, valued at approximately $1,089,000. Fidelity MSCI Health Care Index ETF comprises approximately 1.0% of Jacobs Equity LLC’s portfolio, making the stock its 27th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Altfest L J & Co. Inc. raised its holdings in Fidelity MSCI Health Care Index ETF by 19.2% in the fourth quarter. Altfest L J & Co. Inc. now owns 345,718 shares of the company’s stock worth $25,680,000 after purchasing an additional 55,673 shares in the last quarter. Aprio Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 94.0% during the 3rd quarter. Aprio Wealth Management LLC now owns 134,175 shares of the company’s stock valued at $8,972,000 after buying an additional 65,018 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 10.1% during the 4th quarter. Apollon Wealth Management LLC now owns 193,277 shares of the company’s stock valued at $14,357,000 after buying an additional 17,738 shares in the last quarter. Lido Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 7.4% in the 3rd quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock worth $136,167,000 after buying an additional 141,132 shares during the period. Finally, Financial Partners Group Inc grew its position in shares of Fidelity MSCI Health Care Index ETF by 19.7% in the 4th quarter. Financial Partners Group Inc now owns 73,218 shares of the company’s stock worth $5,428,000 after buying an additional 12,055 shares during the period.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of Fidelity MSCI Health Care Index ETF stock opened at $72.22 on Friday. The company has a 50-day moving average of $71.46 and a 200 day moving average of $72.95. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 21.23 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 1 year low of $61.11 and a 1 year high of $77.10.

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.