GUNN & Co INVESTMENT MANAGEMENT INC. Takes Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 9,637 shares of the company’s stock, valued at approximately $623,000.

A number of other hedge funds also recently bought and sold shares of FHLC. J.W. Cole Advisors Inc. grew its position in shares of Fidelity MSCI Health Care Index ETF by 3.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 32,624 shares of the company’s stock valued at $2,110,000 after purchasing an additional 1,218 shares in the last quarter. Beaumont Financial Advisors LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 505.0% during the 4th quarter. Beaumont Financial Advisors LLC now owns 25,149 shares of the company’s stock worth $1,627,000 after acquiring an additional 20,992 shares during the period. Roman Butler Fullerton & Co. grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 4.6% in the fourth quarter. Roman Butler Fullerton & Co. now owns 11,559 shares of the company’s stock valued at $760,000 after purchasing an additional 513 shares during the period. Grant GrossMendelsohn LLC acquired a new stake in Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $204,000. Finally, Investors Research Corp raised its stake in Fidelity MSCI Health Care Index ETF by 4.0% during the fourth quarter. Investors Research Corp now owns 129,327 shares of the company’s stock worth $8,366,000 after purchasing an additional 4,920 shares during the period.

Fidelity MSCI Health Care Index ETF Price Performance

Fidelity MSCI Health Care Index ETF stock opened at $66.52 on Friday. The firm has a 50 day simple moving average of $67.76 and a 200-day simple moving average of $65.09. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1-year low of $57.32 and a 1-year 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.