Investors Research Corp Buys 11,319 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Investors Research Corp increased its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 8.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,142 shares of the company’s stock after purchasing an additional 11,319 shares during the quarter. Fidelity MSCI Health Care Index ETF accounts for 2.4% of Investors Research Corp’s investment portfolio, making the stock its 9th largest position. Investors Research Corp owned approximately 0.34% of Fidelity MSCI Health Care Index ETF worth $11,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FHLC. Strengthening Families & Communities LLC boosted its position in Fidelity MSCI Health Care Index ETF by 4.0% during the third quarter. Strengthening Families & Communities LLC now owns 157,924 shares of the company’s stock worth $11,497,000 after purchasing an additional 6,123 shares in the last quarter. MAI Capital Management boosted its position in shares of Fidelity MSCI Health Care Index ETF by 1.2% in the 3rd quarter. MAI Capital Management now owns 15,110 shares of the company’s stock worth $1,100,000 after buying an additional 177 shares in the last quarter. Birchcreek Wealth Management LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 2.6% in the 3rd quarter. Birchcreek Wealth Management LLC now owns 18,933 shares of the company’s stock worth $1,378,000 after buying an additional 482 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in Fidelity MSCI Health Care Index ETF by 281.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 24,163 shares of the company’s stock valued at $1,759,000 after acquiring an additional 17,823 shares during the last quarter. Finally, Lifeworks Advisors LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 8.8% during the 3rd quarter. Lifeworks Advisors LLC now owns 119,897 shares of the company’s stock valued at $8,729,000 after acquiring an additional 9,688 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA FHLC traded down $0.25 on Thursday, hitting $67.65. The company’s stock had a trading volume of 9,378 shares, compared to its average volume of 135,289. The stock has a 50 day moving average of $71.40 and a 200-day moving average of $70.43. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 12-month low of $60.69 and a 12-month high of $74.48.

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.