Janney Montgomery Scott LLC Acquires 44,063 Shares of Fidelity MSCI Health Care Index ETF $FHLC

Janney Montgomery Scott LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 336.5% during the first quarter, Holdings Channel reports. The institutional investor owned 57,158 shares of the company’s stock after buying an additional 44,063 shares during the period. Janney Montgomery Scott LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $4,022,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Franklin Resources Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at $26,000. Russell Investments Group Ltd. boosted its holdings in Fidelity MSCI Health Care Index ETF by 1,105.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after buying an additional 431 shares during the period. IFC & Insurance Marketing Inc. bought a new position in Fidelity MSCI Health Care Index ETF in the 4th quarter worth $34,000. Advocate Investing Services LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the 4th quarter worth $37,000. Finally, Ameriflex Group Inc. increased its stake in Fidelity MSCI Health Care Index ETF by 75.3% in the 3rd quarter. Ameriflex Group Inc. now owns 668 shares of the company’s stock worth $45,000 after buying an additional 287 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of Fidelity MSCI Health Care Index ETF stock traded up $1.33 during trading hours on Tuesday, hitting $80.36. The company’s stock had a trading volume of 22,693 shares, compared to its average volume of 194,445. The business has a 50 day moving average price of $72.73 and a two-hundred day moving average price of $73.17. Fidelity MSCI Health Care Index ETF has a 12-month low of $61.11 and a 12-month high of $80.53. The company has a market cap of $3.34 billion, a PE ratio of 21.23 and a beta of 0.60.

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.