Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Hits New 1-Year Low – Time to Sell?

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLCGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $64.71 and last traded at $65.03, with a volume of 64461 shares traded. The stock had previously closed at $66.87.

Fidelity MSCI Health Care Index ETF Stock Down 5.4 %

The stock has a market capitalization of $2.50 billion, a PE ratio of 28.06 and a beta of 0.74. The business’s 50-day moving average is $68.96 and its two-hundred day moving average is $69.16.

Institutional Trading of Fidelity MSCI Health Care Index ETF

Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in Fidelity MSCI Health Care Index ETF by 5.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 33,389 shares of the company’s stock valued at $2,182,000 after purchasing an additional 1,864 shares during the last quarter. Comprehensive Money Management Services LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $603,000. Heck Capital Advisors LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $2,545,000. Ameriflex Group Inc. purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $50,000. Finally, Visionary Wealth Advisors increased its position in Fidelity MSCI Health Care Index ETF by 5.0% in the 4th quarter. Visionary Wealth Advisors now owns 6,644 shares of the company’s stock valued at $434,000 after acquiring an additional 316 shares during the period.

About Fidelity MSCI Health Care Index ETF

(Get 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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