NewEdge Advisors LLC Has $2.66 Million Position in Fidelity MSCI Health Care Index ETF $FHLC

NewEdge Advisors LLC lessened its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 62.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,759 shares of the company’s stock after selling 62,415 shares during the period. NewEdge Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $2,657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its stake in Fidelity MSCI Health Care Index ETF by 42.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,739,003 shares of the company’s stock valued at $203,453,000 after acquiring an additional 820,771 shares during the last quarter. Lido Advisors LLC raised its position in Fidelity MSCI Health Care Index ETF by 6.3% during the first quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock valued at $151,983,000 after purchasing an additional 127,325 shares in the last quarter. LPL Financial LLC raised its position in Fidelity MSCI Health Care Index ETF by 4.6% during the fourth quarter. LPL Financial LLC now owns 675,065 shares of the company’s stock valued at $50,144,000 after purchasing an additional 29,461 shares in the last quarter. Altfest L J & Co. Inc. lifted its stake in Fidelity MSCI Health Care Index ETF by 19.2% during the fourth quarter. Altfest L J & Co. Inc. now owns 345,718 shares of the company’s stock worth $25,680,000 after purchasing an additional 55,673 shares during the last quarter. Finally, Weatherly Asset Management L. P. lifted its stake in Fidelity MSCI Health Care Index ETF by 2.9% during the first quarter. Weatherly Asset Management L. P. now owns 306,475 shares of the company’s stock worth $21,564,000 after purchasing an additional 8,602 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of FHLC stock opened at $78.75 on Friday. The stock’s fifty day moving average price is $75.94 and its two-hundred day moving average price is $73.69. The company has a market cap of $3.28 billion, a PE ratio of 21.23 and a beta of 0.60. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $61.11 and a fifty-two week high of $81.36.

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.