Modern Wealth Management LLC Takes Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Modern Wealth Management LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 28,559 shares of the company’s stock, valued at approximately $1,980,000. Modern Wealth Management LLC owned about 0.06% of Fidelity MSCI Health Care Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the business. JFS Wealth Advisors LLC bought a new position in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at $25,000. Asset Planning Inc acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter valued at about $27,000. FSA Wealth Management LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth about $38,000. Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $41,000. Finally, Global Retirement Partners LLC grew its stake in Fidelity MSCI Health Care Index ETF by 192.2% in the fourth quarter. Global Retirement Partners LLC now owns 634 shares of the company’s stock worth $41,000 after purchasing an additional 417 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Down 1.3 %

Shares of NYSEARCA FHLC opened at $68.29 on Wednesday. The stock’s 50 day moving average price is $69.03 and its two-hundred day moving average price is $69.49. Fidelity MSCI Health Care Index ETF has a 52-week low of $64.72 and a 52-week high of $74.48. The stock has a market capitalization of $2.72 billion, a P/E ratio of 28.31 and a beta of 0.71.

Fidelity MSCI Health Care Index ETF Company 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.