Savvy Advisors Inc. Grows Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Savvy Advisors Inc. lifted its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 25.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,747 shares of the company’s stock after buying an additional 1,159 shares during the quarter. Savvy Advisors Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $418,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Private Ocean LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the 2nd quarter worth $28,000. Gradient Investments LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the second quarter valued at $46,000. US Bancorp DE bought a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth about $55,000. International Assets Investment Management LLC purchased a new position in Fidelity MSCI Health Care Index ETF in the 2nd quarter worth about $127,000. Finally, Sweeney & Michel LLC bought a new position in Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at about $200,000.

Fidelity MSCI Health Care Index ETF Stock Down 1.4 %

Shares of FHLC stock opened at $70.21 on Wednesday. The company has a 50 day moving average price of $72.09 and a 200-day moving average price of $70.35. Fidelity MSCI Health Care Index ETF has a 52 week low of $58.58 and a 52 week high of $74.48. The firm has a market capitalization of $3.16 billion, a PE ratio of 23.99 and a beta of 0.59.

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.