Newbridge Financial Services Group Inc. Takes Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Newbridge Financial Services Group Inc. purchased a new stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 625 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the third quarter valued at about $1,792,000. Creative Planning increased its stake in shares of Fidelity MSCI Health Care Index ETF by 3.7% in the third quarter. Creative Planning now owns 28,467 shares of the company’s stock valued at $2,072,000 after buying an additional 1,010 shares during the period. US Bancorp DE acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the third quarter valued at about $55,000. FMR LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 11.7% in the third quarter. FMR LLC now owns 98,868 shares of the company’s stock valued at $7,198,000 after buying an additional 10,373 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Fidelity MSCI Health Care Index ETF by 17.8% in the fourth quarter. Fifth Third Bancorp now owns 1,691 shares of the company’s stock valued at $111,000 after buying an additional 255 shares during the period.

Fidelity MSCI Health Care Index ETF Trading Down 0.3 %

Shares of FHLC stock opened at $69.11 on Wednesday. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. The stock has a 50-day moving average of $67.58 and a 200-day moving average of $70.13. Fidelity MSCI Health Care Index ETF has a 1-year low of $64.72 and a 1-year high of $74.48.

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.