Meridian Wealth Management LLC Acquires New Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Meridian Wealth Management LLC bought a new stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,196 shares of the company’s stock, valued at approximately $1,106,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 3.7% during the third quarter. Creative Planning now owns 28,467 shares of the company’s stock worth $2,072,000 after purchasing an additional 1,010 shares during the last quarter. US Bancorp DE acquired a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth about $55,000. CWM LLC grew its holdings in Fidelity MSCI Health Care Index ETF by 20.8% in the 3rd quarter. CWM LLC now owns 4,153 shares of the company’s stock valued at $302,000 after buying an additional 716 shares during the period. American National Bank & Trust increased its stake in shares of Fidelity MSCI Health Care Index ETF by 12.8% during the 3rd quarter. American National Bank & Trust now owns 3,401 shares of the company’s stock valued at $248,000 after acquiring an additional 386 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 8.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,202 shares of the company’s stock worth $306,000 after acquiring an additional 320 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Up 0.1 %

NYSEARCA:FHLC opened at $68.54 on Friday. The company has a market cap of $3.09 billion, a P/E ratio of 23.99 and a beta of 0.59. The firm’s 50 day moving average is $71.20 and its two-hundred day moving average is $70.43. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $60.69 and a fifty-two week 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.