Beaumont Financial Advisors LLC Makes New Investment in Fidelity MSCI Health Care Index ETF $FHLC

Beaumont Financial Advisors LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 24,913 shares of the company’s stock, valued at approximately $1,666,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 0.7% in the second quarter. Fifth Third Securities Inc. now owns 24,363 shares of the company’s stock worth $1,558,000 after acquiring an additional 169 shares during the period. Brookstone Capital Management lifted its holdings in Fidelity MSCI Health Care Index ETF by 5.2% during the second quarter. Brookstone Capital Management now owns 3,616 shares of the company’s stock worth $231,000 after acquiring an additional 180 shares during the period. American National Bank & Trust boosted its stake in Fidelity MSCI Health Care Index ETF by 1.8% in the third quarter. American National Bank & Trust now owns 10,597 shares of the company’s stock valued at $709,000 after acquiring an additional 187 shares during the last quarter. Focus Partners Wealth grew its position in shares of Fidelity MSCI Health Care Index ETF by 3.1% during the 1st quarter. Focus Partners Wealth now owns 6,618 shares of the company’s stock valued at $452,000 after acquiring an additional 196 shares during the period. Finally, Partnership Wealth Management LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 4.9% in the 2nd quarter. Partnership Wealth Management LLC now owns 4,350 shares of the company’s stock worth $278,000 after acquiring an additional 202 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 1.0%

Shares of NYSEARCA:FHLC opened at $75.99 on Friday. The stock has a market cap of $2.90 billion, a P/E ratio of 21.23 and a beta of 0.67. The company has a 50 day moving average of $73.74 and a 200 day moving average of $68.45. Fidelity MSCI Health Care Index ETF has a 12 month low of $60.35 and a 12 month 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.