Nova Wealth Management Inc. Buys 1,557 Shares of Fidelity MSCI Health Care Index ETF $FHLC

Nova Wealth Management Inc. grew its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 176.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,441 shares of the company’s stock after acquiring an additional 1,557 shares during the period. Nova Wealth Management Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $156,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Crossmark Global Holdings Inc. bought a new position in Fidelity MSCI Health Care Index ETF in the 1st quarter worth approximately $344,000. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Health Care Index ETF by 104.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 163,339 shares of the company’s stock valued at $11,159,000 after buying an additional 83,396 shares in the last quarter. Sowell Financial Services LLC purchased a new position in Fidelity MSCI Health Care Index ETF in the 1st quarter worth $216,000. Johnson Investment Counsel Inc. purchased a new position in Fidelity MSCI Health Care Index ETF in the 1st quarter worth $204,000. Finally, CX Institutional purchased a new position in Fidelity MSCI Health Care Index ETF in the 1st quarter worth $114,000.

Fidelity MSCI Health Care Index ETF Stock Down 1.1%

Shares of NYSEARCA:FHLC opened at $66.20 on Monday. The stock has a market cap of $2.49 billion, a PE ratio of 21.23 and a beta of 0.72. The company’s fifty day moving average is $64.39 and its 200 day moving average is $64.72. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $74.36.

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.