MAI Capital Management Raises Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

MAI Capital Management boosted its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLCFree Report) by 5.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,348 shares of the company’s stock after acquiring an additional 814 shares during the quarter. MAI Capital Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $943,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Advisors Capital Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the 1st quarter valued at $222,000. Valmark Advisers Inc. raised its position in Fidelity MSCI Health Care Index ETF by 18.3% in the first quarter. Valmark Advisers Inc. now owns 30,680 shares of the company’s stock valued at $1,886,000 after purchasing an additional 4,736 shares during the period. Investors Research Corp lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 6.8% during the fourth quarter. Investors Research Corp now owns 110,015 shares of the company’s stock worth $7,039,000 after purchasing an additional 7,051 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 9.9% in the first quarter. Sequoia Financial Advisors LLC now owns 6,532 shares of the company’s stock worth $402,000 after buying an additional 590 shares during the period. Finally, Continuum Advisory LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $202,000.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC opened at $62.96 on Monday. The business’s 50-day simple moving average is $63.07 and its 200 day simple moving average is $62.43. The company has a market cap of $3.05 billion, a P/E ratio of 21.70 and a beta of 0.72. Fidelity MSCI Health Care Index ETF has a one year low of $56.83 and a one year high of $66.80.

Fidelity MSCI Health Care Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

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