Rockland Trust Co. Purchases New Shares in Fidelity MSCI Health Care Index ETF $FHLC

Rockland Trust Co. acquired a new position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 28,319 shares of the company’s stock, valued at approximately $2,314,000.

Several other institutional investors have also recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in Fidelity MSCI Health Care Index ETF by 13.0% during the 2nd quarter. NewEdge Advisors LLC now owns 100,270 shares of the company’s stock valued at $7,746,000 after buying an additional 11,553 shares during the last quarter. Claris Financial LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $565,000. Elevated Capital Advisors LLC lifted its position in shares of Fidelity MSCI Health Care Index ETF by 736.3% in the first quarter. Elevated Capital Advisors LLC now owns 22,188 shares of the company’s stock valued at $1,561,000 after acquiring an additional 19,535 shares in the last quarter. Weatherly Asset Management L. P. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 2.9% during the first quarter. Weatherly Asset Management L. P. now owns 306,475 shares of the company’s stock valued at $21,564,000 after acquiring an additional 8,602 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 20.7% during the first quarter. Royal Bank of Canada now owns 39,494 shares of the company’s stock valued at $2,779,000 after acquiring an additional 6,764 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Fidelity MSCI Health Care Index ETF stock traded up $0.52 during midday trading on Monday, reaching $81.11. 76,935 shares of the company were exchanged, compared to its average volume of 213,180. The firm’s 50-day simple moving average is $81.86 and its 200-day simple moving average is $76.07. Fidelity MSCI Health Care Index ETF has a 1 year low of $67.77 and a 1 year high of $85.46. The company has a market capitalization of $3.41 billion, a price-to-earnings ratio of 21.23 and a beta of 0.59.

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.