Royal Bank of Canada Increases Holdings in Fidelity MSCI Health Care Index ETF $FHLC

Royal Bank of Canada boosted its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 20.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,494 shares of the company’s stock after purchasing an additional 6,764 shares during the period. Royal Bank of Canada owned approximately 0.10% of Fidelity MSCI Health Care Index ETF worth $2,779,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Eley Financial Management Inc lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 1,853.4% during the first quarter. Eley Financial Management Inc now owns 65,127 shares of the company’s stock worth $4,367,000 after purchasing an additional 61,793 shares in the last quarter. Quantinno Capital Management LP raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 47.2% during the 1st quarter. Quantinno Capital Management LP now owns 13,617 shares of the company’s stock valued at $958,000 after buying an additional 4,364 shares during the period. Lido Advisors LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 6.3% during the 1st quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock valued at $151,983,000 after buying an additional 127,325 shares during the period. Cetera Investment Advisers lifted its position in Fidelity MSCI Health Care Index ETF by 4.4% during the 1st quarter. Cetera Investment Advisers now owns 215,250 shares of the company’s stock worth $15,145,000 after acquiring an additional 8,990 shares in the last quarter. Finally, Pacific Sun Financial Corp lifted its position in Fidelity MSCI Health Care Index ETF by 19.1% during the 1st quarter. Pacific Sun Financial Corp now owns 7,778 shares of the company’s stock worth $547,000 after acquiring an additional 1,245 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

NYSEARCA FHLC opened at $81.34 on Monday. The stock has a market cap of $3.39 billion, a PE ratio of 21.23 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $64.30 and a fifty-two week high of $82.40. The business has a 50 day moving average price of $77.65 and a two-hundred day moving average price of $74.05.

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.