Meridian Wealth Management LLC Takes $1.11 Million Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Meridian Wealth Management LLC bought a new position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,196 shares of the company’s stock, valued at approximately $1,106,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FHLC. Creative Planning grew its position in Fidelity MSCI Health Care Index ETF by 3.7% in the third quarter. Creative Planning now owns 28,467 shares of the company’s stock worth $2,072,000 after buying an additional 1,010 shares during the last quarter. US Bancorp DE acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter worth $55,000. CWM LLC grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.8% in the 3rd quarter. CWM LLC now owns 4,153 shares of the company’s stock worth $302,000 after acquiring an additional 716 shares during the last quarter. American National Bank & Trust raised its position in shares of Fidelity MSCI Health Care Index ETF by 12.8% during the third quarter. American National Bank & Trust now owns 3,401 shares of the company’s stock worth $248,000 after purchasing an additional 386 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 8.2% during the third quarter. Sequoia Financial Advisors LLC now owns 4,202 shares of the company’s stock valued at $306,000 after purchasing an additional 320 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Up 0.1 %

Shares of FHLC opened at $68.54 on Friday. The business’s 50-day moving average price is $71.20 and its 200 day moving average price is $70.43. The stock has a market capitalization of $3.09 billion, a P/E ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1-year low of $60.69 and a 1-year high of $74.48.

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.