Elk River Wealth Management LLC Invests $1.01 Million in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Elk River Wealth Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,658 shares of the company’s stock, valued at approximately $1,013,000.

Other large investors have also recently added to or reduced their stakes in the company. Carr Financial Group Corp lifted its stake in Fidelity MSCI Health Care Index ETF by 6.8% during the third quarter. Carr Financial Group Corp now owns 66,216 shares of the company’s stock worth $3,956,000 after purchasing an additional 4,218 shares during the last quarter. Investors Research Corp raised its stake in shares of Fidelity MSCI Health Care Index ETF by 3.8% during the third quarter. Investors Research Corp now owns 124,407 shares of the company’s stock valued at $7,537,000 after purchasing an additional 4,595 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter valued at about $65,000. Sunbelt Securities Inc. raised its stake in shares of Fidelity MSCI Health Care Index ETF by 30.4% during the third quarter. Sunbelt Securities Inc. now owns 21,613 shares of the company’s stock valued at $1,309,000 after purchasing an additional 5,037 shares in the last quarter. Finally, Lido Advisors LLC grew its holdings in Fidelity MSCI Health Care Index ETF by 4.8% during the third quarter. Lido Advisors LLC now owns 1,676,610 shares of the company’s stock worth $101,569,000 after acquiring an additional 76,813 shares during the period.

Fidelity MSCI Health Care Index ETF Trading Up 1.0 %

NYSEARCA:FHLC traded up $0.68 during mid-day trading on Wednesday, reaching $69.44. 71,876 shares of the stock were exchanged, compared to its average volume of 133,481. The business has a fifty day moving average price of $68.00 and a 200 day moving average price of $64.03. The firm has a market capitalization of $3.37 billion, a PE ratio of 21.70 and a beta of 0.72. Fidelity MSCI Health Care Index ETF has a 1-year low of $57.32 and a 1-year high of $69.87.

Fidelity MSCI Health Care Index ETF Company 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.