Valmark Advisers Inc. Increases Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Valmark Advisers Inc. raised its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,225 shares of the company’s stock after purchasing an additional 3,516 shares during the quarter. Valmark Advisers Inc. owned 0.08% of Fidelity MSCI Health Care Index ETF worth $2,473,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FHLC. Waterway Wealth Management LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $12,459,000. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Health Care Index ETF by 50.8% in the third quarter. Envestnet Asset Management Inc. now owns 565,455 shares of the company’s stock worth $34,255,000 after acquiring an additional 190,406 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $7,756,000. Aprio Wealth Management LLC acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $7,183,000. Finally, Lido Advisors LLC raised its position in shares of Fidelity MSCI Health Care Index ETF by 4.8% in 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 0.2 %

Shares of Fidelity MSCI Health Care Index ETF stock traded up $0.10 during trading hours on Friday, reaching $65.87. The stock had a trading volume of 80,817 shares, compared to its average volume of 149,451. The stock’s 50 day moving average is $68.04 and its 200 day moving average is $64.88. The firm has a market capitalization of $2.96 billion, a PE ratio of 23.67 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a twelve month low of $57.32 and a twelve month high of $70.01.

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.