Kestra Advisory Services LLC Buys New Position in Fidelity MSCI Health Care Index ETF $FHLC

Kestra Advisory Services LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 294,148 shares of the company’s stock, valued at approximately $24,032,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter worth approximately $15,174,000. Schmidt P J Investment Management Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at $611,000. Chicago Partners Investment Group LLC increased its position in shares of Fidelity MSCI Health Care Index ETF by 6.2% during the third quarter. Chicago Partners Investment Group LLC now owns 8,694 shares of the company’s stock worth $748,000 after buying an additional 510 shares during the period. Signature Equity Partners LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth $31,000. Finally, Certified Advisory Corp acquired a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth $1,096,000.

Fidelity MSCI Health Care Index ETF Stock Down 0.0%

Shares of NYSEARCA FHLC opened at $88.22 on Friday. Fidelity MSCI Health Care Index ETF has a twelve month low of $68.46 and a twelve month high of $91.69. The firm has a fifty day simple moving average of $83.67 and a 200 day simple moving average of $76.93. The company has a market capitalization of $3.94 billion, a PE ratio of 21.23 and a beta of 0.57.

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.