Park Avenue Securities LLC Boosts Stock Position in Fidelity MSCI Health Care Index ETF $FHLC

Park Avenue Securities LLC boosted its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 164.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,895 shares of the company’s stock after purchasing an additional 11,746 shares during the quarter. Park Avenue Securities LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,404,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FHLC. McGlone Suttner Wealth Management Inc. raised its stake in shares of Fidelity MSCI Health Care Index ETF by 3.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 278,946 shares of the company’s stock worth $18,653,000 after acquiring an additional 8,205 shares in the last quarter. Centerline Wealth Advisors LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 9.3% in the third quarter. Centerline Wealth Advisors LLC now owns 144,955 shares of the company’s stock valued at $9,693,000 after acquiring an additional 12,343 shares in the last quarter. Altfest L J & Co. Inc. acquired a new stake in Fidelity MSCI Health Care Index ETF in the third quarter valued at approximately $19,395,000. Buttonwood Financial Advisors Inc. grew its holdings in Fidelity MSCI Health Care Index ETF by 12.7% in the third quarter. Buttonwood Financial Advisors Inc. now owns 213,775 shares of the company’s stock worth $14,295,000 after purchasing an additional 24,045 shares during the last quarter. Finally, CW Advisors LLC grew its holdings in Fidelity MSCI Health Care Index ETF by 58.7% in the second quarter. CW Advisors LLC now owns 20,777 shares of the company’s stock worth $1,329,000 after purchasing an additional 7,682 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 0.1%

Shares of FHLC stock opened at $69.34 on Wednesday. Fidelity MSCI Health Care Index ETF has a 12-month low of $60.35 and a 12-month high of $77.10. The business’s fifty day simple moving average is $73.98 and its 200-day simple moving average is $72.23. The company has a market cap of $2.65 billion, a PE ratio of 21.23 and a beta of 0.67.

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.