PKS Advisory Services LLC Invests $345,000 in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

PKS Advisory Services LLC bought a new position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 4th quarter, Holdings Channel reports. The institutional investor bought 5,277 shares of the company’s stock, valued at approximately $345,000.

A number of other large investors have also added to or reduced their stakes in FHLC. Raymond James Financial Inc. purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter worth $12,904,000. Apollon Wealth Management LLC purchased a new position in Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $9,444,000. LPL Financial LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF by 35.2% during the 4th quarter. LPL Financial LLC now owns 517,910 shares of the company’s stock valued at $33,845,000 after purchasing an additional 134,889 shares during the period. Centerline Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $8,119,000. Finally, Lifeworks Advisors LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 79.1% in the 4th quarter. Lifeworks Advisors LLC now owns 214,778 shares of the company’s stock worth $14,036,000 after purchasing an additional 94,881 shares during the period.

Fidelity MSCI Health Care Index ETF Trading Down 1.3 %

FHLC opened at $68.29 on Wednesday. The company’s 50 day moving average is $69.03 and its 200 day moving average is $69.49. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 28.31 and a beta of 0.71. 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.