LPL Financial LLC Boosts Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

LPL Financial LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLCFree Report) by 3.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 498,822 shares of the company’s stock after acquiring an additional 14,523 shares during the period. LPL Financial LLC owned approximately 1.11% of Fidelity MSCI Health Care Index ETF worth $34,219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FHLC. Cetera Investment Advisers raised its position in Fidelity MSCI Health Care Index ETF by 247.7% in the 1st quarter. Cetera Investment Advisers now owns 191,130 shares of the company’s stock worth $13,335,000 after purchasing an additional 136,165 shares during the period. Richard C. Young & CO. LTD. purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter valued at about $6,770,000. Harbour Investments Inc. raised its stake in Fidelity MSCI Health Care Index ETF by 14.2% in the second quarter. Harbour Investments Inc. now owns 624,569 shares of the company’s stock worth $42,845,000 after buying an additional 77,883 shares in the last quarter. Spinnaker Trust bought a new stake in Fidelity MSCI Health Care Index ETF during the 2nd quarter valued at approximately $4,331,000. Finally, CX Institutional purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the 2nd quarter worth approximately $3,590,000.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC opened at $74.19 on Tuesday. Fidelity MSCI Health Care Index ETF has a 52-week low of $57.32 and a 52-week high of $74.48. The firm has a market capitalization of $3.34 billion, a P/E ratio of 23.99 and a beta of 0.59. The stock has a 50 day moving average price of $71.70 and a 200-day moving average price of $69.26.

Fidelity MSCI Health Care Index ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

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