Fidelity MSCI Health Care Index ETF $FHLC Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 15.9% in the third quarter, HoldingsChannel.com reports. The firm owned 115,214 shares of the company’s stock after buying an additional 15,773 shares during the period. Assetmark Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $7,704,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of FHLC. IMG Wealth Management Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the 2nd quarter valued at about $26,000. Bell Investment Advisors Inc acquired a new stake in Fidelity MSCI Health Care Index ETF during the second quarter valued at approximately $26,000. Cullen Frost Bankers Inc. acquired a new stake in Fidelity MSCI Health Care Index ETF during the third quarter valued at approximately $29,000. SYM FINANCIAL Corp bought a new stake in Fidelity MSCI Health Care Index ETF during the second quarter worth approximately $30,000. Finally, Root Financial Partners LLC acquired a new position in Fidelity MSCI Health Care Index ETF in the third quarter worth approximately $33,000.

Fidelity MSCI Health Care Index ETF Stock Up 1.0%

NYSEARCA:FHLC opened at $74.96 on Tuesday. The stock has a fifty day simple moving average of $74.73 and a 200 day simple moving average of $70.62. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a 1-year low of $60.35 and a 1-year 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.