Envestnet Asset Management Inc. Has $11.16 Million Stock Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Envestnet Asset Management Inc. increased its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 104.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 163,339 shares of the company’s stock after purchasing an additional 83,396 shares during the period. Envestnet Asset Management Inc. owned approximately 0.42% of Fidelity MSCI Health Care Index ETF worth $11,159,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Southern Capital Advisors LLC grew its stake in Fidelity MSCI Health Care Index ETF by 1.9% in the 1st quarter. Southern Capital Advisors LLC now owns 8,922 shares of the company’s stock valued at $610,000 after buying an additional 167 shares during the last quarter. Pacific Sun Financial Corp grew its position in shares of Fidelity MSCI Health Care Index ETF by 2.5% during the 1st quarter. Pacific Sun Financial Corp now owns 6,903 shares of the company’s stock worth $472,000 after purchasing an additional 170 shares in the last quarter. Continuum Advisory LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 6.5% during the 1st quarter. Continuum Advisory LLC now owns 3,146 shares of the company’s stock worth $215,000 after purchasing an additional 193 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its position in shares of Fidelity MSCI Health Care Index ETF by 2.1% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 12,075 shares of the company’s stock worth $789,000 after purchasing an additional 243 shares in the last quarter. Finally, LongView Wealth Management boosted its position in shares of Fidelity MSCI Health Care Index ETF by 4.4% during the 1st quarter. LongView Wealth Management now owns 5,799 shares of the company’s stock worth $396,000 after acquiring an additional 246 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of Fidelity MSCI Health Care Index ETF stock opened at $62.65 on Friday. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $60.35 and a fifty-two week high of $74.48. The firm has a market capitalization of $2.37 billion, a P/E ratio of 21.23 and a beta of 0.72. The company’s 50 day moving average price is $63.38 and its two-hundred day moving average price is $65.84.

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.