Advisors Capital Management LLC Acquires New Position in Fidelity MSCI Health Care Index ETF $FHLC

Advisors Capital Management LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 72,324 shares of the company’s stock, valued at approximately $5,372,000. Advisors Capital Management LLC owned 0.19% of Fidelity MSCI Health Care Index ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FHLC. Rockland Trust Co. purchased a new position in Fidelity MSCI Health Care Index ETF in the third quarter worth $21,916,000. Altfest L J & Co. Inc. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the 3rd quarter worth $19,395,000. Mercer Global Advisors Inc. ADV boosted its position in shares of Fidelity MSCI Health Care Index ETF by 5,460.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock worth $17,845,000 after purchasing an additional 262,069 shares in the last quarter. Strengthening Families & Communities LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF by 1,765.5% during the 3rd quarter. Strengthening Families & Communities LLC now owns 163,676 shares of the company’s stock worth $10,982,000 after purchasing an additional 154,902 shares during the period. Finally, AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.0% in the 3rd quarter. AGF Management Ltd. now owns 907,336 shares of the company’s stock valued at $60,674,000 after purchasing an additional 150,947 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA FHLC opened at $69.73 on Monday. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $77.10. The firm has a 50-day moving average price of $72.09 and a 200 day moving average price of $72.87. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67.

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.