NewEdge Advisors LLC Has $6.24 Million Stock Position in Fidelity MSCI Health Care Index ETF $FHLC

NewEdge Advisors LLC lessened its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 11.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,717 shares of the company’s stock after selling 11,457 shares during the period. NewEdge Advisors LLC owned 0.22% of Fidelity MSCI Health Care Index ETF worth $6,242,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of FHLC. Royal Bank of Canada lifted its holdings in Fidelity MSCI Health Care Index ETF by 66.8% in the 1st quarter. Royal Bank of Canada now owns 57,609 shares of the company’s stock worth $3,936,000 after purchasing an additional 23,077 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1,276.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 110,807 shares of the company’s stock worth $7,570,000 after buying an additional 102,757 shares during the period. Jane Street Group LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 747.8% during the 1st quarter. Jane Street Group LLC now owns 31,978 shares of the company’s stock worth $2,185,000 after buying an additional 28,206 shares during the period. Focus Partners Wealth grew its stake in Fidelity MSCI Health Care Index ETF by 3.1% in the 1st quarter. Focus Partners Wealth now owns 6,618 shares of the company’s stock valued at $452,000 after buying an additional 196 shares during the last quarter. Finally, Baird Financial Group Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the 2nd quarter valued at $319,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC opened at $81.90 on Tuesday. The company has a market capitalization of $3.42 billion, a PE ratio of 21.23 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a one year low of $62.10 and a one year high of $81.90. The company’s fifty day moving average price is $76.89 and its 200 day moving average price is $73.88.

About Fidelity MSCI Health Care Index ETF

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.