Claris Financial LLC Takes $565,000 Position in Fidelity MSCI Health Care Index ETF $FHLC

Claris Financial LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 7,609 shares of the company’s stock, valued at approximately $565,000.

Other large investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new stake in Fidelity MSCI Health Care Index ETF during the fourth quarter valued at about $26,000. Russell Investments Group Ltd. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 1,105.1% in the third quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after purchasing an additional 431 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at approximately $34,000. Advocate Investing Services LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at approximately $37,000. Finally, Ameriflex Group Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 75.3% during the 3rd quarter. Ameriflex Group Inc. now owns 668 shares of the company’s stock valued at $45,000 after buying an additional 287 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 0.9%

Shares of FHLC stock opened at $72.22 on Friday. The firm’s 50 day moving average is $71.46 and its 200 day moving average is $72.95. The stock has a market capitalization of $2.93 billion, a P/E ratio of 21.23 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 12 month low of $61.11 and a 12 month high of $77.10.

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.