Ipsen Advisor Group LLC Purchases Shares of 5,319 Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Ipsen Advisor Group LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,319 shares of the company’s stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FHLC. Jane Street Group LLC acquired a new stake in Fidelity MSCI Health Care Index ETF during the 3rd quarter worth about $1,792,000. FMR LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 11.7% during the third quarter. FMR LLC now owns 98,868 shares of the company’s stock valued at $7,198,000 after acquiring an additional 10,373 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Fidelity MSCI Health Care Index ETF by 17.8% in the 4th quarter. Fifth Third Bancorp now owns 1,691 shares of the company’s stock valued at $111,000 after purchasing an additional 255 shares in the last quarter. Franklin Resources Inc. boosted its position in Fidelity MSCI Health Care Index ETF by 16.4% during the third quarter. Franklin Resources Inc. now owns 3,191 shares of the company’s stock worth $233,000 after acquiring an additional 449 shares during the last quarter. Finally, Mutual Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 16.3% in the fourth quarter. Mutual Advisors LLC now owns 7,299 shares of the company’s stock valued at $490,000 after purchasing an additional 1,025 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

FHLC stock opened at $68.29 on Wednesday. The firm has a market cap of $2.72 billion, a PE ratio of 28.31 and a beta of 0.71. Fidelity MSCI Health Care Index ETF has a one year low of $64.72 and a one year high of $74.48. The firm’s 50 day moving average price is $69.03 and its 200-day moving average price is $69.49.

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.