Wells Fargo & Company MN Buys 23,828 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Wells Fargo & Company MN increased its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 267,844 shares of the company’s stock after acquiring an additional 23,828 shares during the period. Wells Fargo & Company MN’s holdings in Fidelity MSCI Health Care Index ETF were worth $17,504,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in Fidelity MSCI Health Care Index ETF in the third quarter valued at approximately $1,792,000. Fifth Third Bancorp increased its stake in shares of Fidelity MSCI Health Care Index ETF by 17.8% in the fourth quarter. Fifth Third Bancorp now owns 1,691 shares of the company’s stock worth $111,000 after buying an additional 255 shares during the period. Franklin Resources Inc. raised its holdings in Fidelity MSCI Health Care Index ETF by 16.4% during the 3rd quarter. Franklin Resources Inc. now owns 3,191 shares of the company’s stock valued at $233,000 after buying an additional 449 shares during the last quarter. Mutual Advisors LLC boosted its position in Fidelity MSCI Health Care Index ETF by 16.3% during the 4th quarter. Mutual Advisors LLC now owns 7,299 shares of the company’s stock valued at $490,000 after buying an additional 1,025 shares during the period. Finally, Allworth Financial LP grew its holdings in Fidelity MSCI Health Care Index ETF by 131.7% in the 4th quarter. Allworth Financial LP now owns 2,060 shares of the company’s stock worth $140,000 after acquiring an additional 1,171 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Up 1.4 %

Shares of NYSEARCA:FHLC opened at $63.88 on Monday. The company has a 50-day moving average price of $68.06 and a 200-day moving average price of $68.69. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 28.06 and a beta of 0.74. Fidelity MSCI Health Care Index ETF has a 12 month low of $60.39 and a 12 month high of $74.48.

Fidelity MSCI Health Care Index ETF 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.