Sovran Advisors LLC Takes Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Sovran Advisors LLC purchased a new position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,803 shares of the company’s stock, valued at approximately $253,000.

Other hedge funds have also made changes to their positions in the company. CWM LLC lifted its position in Fidelity MSCI Health Care Index ETF by 20.8% in the 3rd quarter. CWM LLC now owns 4,153 shares of the company’s stock valued at $302,000 after purchasing an additional 716 shares during the last quarter. 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 purchasing an additional 1,010 shares during the period. Stratos Wealth Advisors LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 1.5% during the third quarter. Stratos Wealth Advisors LLC now owns 12,059 shares of the company’s stock valued at $878,000 after buying an additional 182 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Fidelity MSCI Health Care Index ETF by 1.4% during the third quarter. Commonwealth Equity Services LLC now owns 519,944 shares of the company’s stock worth $37,852,000 after buying an additional 6,940 shares during the period. Finally, Cedrus LLC grew its holdings in Fidelity MSCI Health Care Index ETF by 22.8% in the 3rd quarter. Cedrus LLC now owns 17,411 shares of the company’s stock worth $1,268,000 after buying an additional 3,227 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

FHLC opened at $69.36 on Friday. The stock’s 50 day moving average price is $67.55 and its 200 day moving average price is $70.11. The stock has a market cap of $3.12 billion, a P/E ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 12 month low of $64.72 and a 12 month 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.