Bright Rock Capital Management LLC Buys New Shares in Fidelity MSCI Health Care Index ETF $FHLC

Bright Rock Capital Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 100,000 shares of the company’s stock, valued at approximately $6,687,000. Bright Rock Capital Management LLC owned 0.27% of Fidelity MSCI Health Care Index ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in FHLC. Altfest L J & Co. Inc. purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the third quarter worth about $19,395,000. AGF Management Ltd. boosted its position in Fidelity MSCI Health Care Index ETF by 28.5% in the second quarter. AGF Management Ltd. now owns 756,389 shares of the company’s stock valued at $48,371,000 after buying an additional 167,956 shares during the last quarter. Modern Wealth Management LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 372.0% in the 2nd quarter. Modern Wealth Management LLC now owns 134,650 shares of the company’s stock worth $8,611,000 after buying an additional 106,124 shares during the period. Goldman Sachs Group Inc. raised its position in Fidelity MSCI Health Care Index ETF by 1,276.5% during 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Fidelity MSCI Health Care Index ETF by 5.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,773,868 shares of the company’s stock valued at $113,439,000 after acquiring an additional 96,965 shares during the period.

Fidelity MSCI Health Care Index ETF Price Performance

FHLC stock opened at $74.13 on Friday. The company has a market capitalization of $2.82 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. The firm’s fifty day simple moving average is $74.82 and its 200-day simple moving average is $69.73.

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.