Richard C. Young & CO. LTD. Invests $351,000 in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Richard C. Young & CO. LTD. bought a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,366 shares of the company’s stock, valued at approximately $351,000.

Other hedge funds have also added to or reduced their stakes in the company. Pallas Capital Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 5.0% in the third quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock valued at $230,000 after purchasing an additional 156 shares in the last quarter. MAI Capital Management boosted its position in shares of Fidelity MSCI Health Care Index ETF by 1.2% during the 3rd quarter. MAI Capital Management now owns 15,110 shares of the company’s stock worth $1,100,000 after acquiring an additional 177 shares in the last quarter. Avior Wealth Management LLC increased its stake in Fidelity MSCI Health Care Index ETF by 2.5% in the fourth quarter. Avior Wealth Management LLC now owns 7,279 shares of the company’s stock valued at $476,000 after acquiring an additional 177 shares during the last quarter. Stratos Wealth Advisors LLC lifted its stake in 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 worth $878,000 after purchasing an additional 182 shares during the last quarter. Finally, World Investment Advisors LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 2.5% in the 3rd quarter. World Investment Advisors LLC now owns 7,768 shares of the company’s stock valued at $565,000 after purchasing an additional 192 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Fidelity MSCI Health Care Index ETF stock opened at $69.50 on Friday. Fidelity MSCI Health Care Index ETF has a 52 week low of $64.72 and a 52 week high of $74.48. The stock has a market capitalization of $3.13 billion, a P/E ratio of 23.99 and a beta of 0.59. The stock has a fifty day moving average of $67.59 and a 200-day moving average of $70.14.

About Fidelity MSCI Health Care Index ETF

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.