Apollon Wealth Management LLC Raises Stock Position in Fidelity MSCI Health Care Index ETF $FHLC

Apollon Wealth Management LLC raised its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 193,277 shares of the company’s stock after buying an additional 17,738 shares during the period. Apollon Wealth Management LLC owned approximately 0.51% of Fidelity MSCI Health Care Index ETF worth $14,357,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FHLC. Royal Bank of Canada boosted its position in Fidelity MSCI Health Care Index ETF by 66.8% during the first quarter. Royal Bank of Canada now owns 57,609 shares of the company’s stock worth $3,936,000 after acquiring an additional 23,077 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Fidelity MSCI Health Care Index ETF by 1,276.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,807 shares of the company’s stock worth $7,570,000 after buying an additional 102,757 shares in the last quarter. Jane Street Group LLC lifted its holdings in Fidelity MSCI Health Care Index ETF by 747.8% in the 1st quarter. Jane Street Group LLC now owns 31,978 shares of the company’s stock worth $2,185,000 after buying an additional 28,206 shares in the last quarter. Focus Partners Wealth lifted its holdings in Fidelity MSCI Health Care Index ETF by 3.1% in the 1st quarter. Focus Partners Wealth now owns 6,618 shares of the company’s stock worth $452,000 after buying an additional 196 shares in the last quarter. Finally, Baird Financial Group Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the 2nd quarter worth $319,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC stock opened at $70.70 on Friday. The company’s fifty day moving average price is $72.77 and its two-hundred day moving average price is $72.53. The firm has a market capitalization of $2.81 billion, a P/E ratio of 21.23 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a 12 month low of $60.35 and a 12 month high of $77.10.

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.