Envestnet Portfolio Solutions Inc. Has $618,000 Stake in Fidelity MSCI Health Care Index ETF $FHLC

Envestnet Portfolio Solutions Inc. reduced its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 30.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,662 shares of the company’s stock after selling 4,243 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FHLC. Sowell Financial Services LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF in the first quarter valued at $216,000. Johnson Investment Counsel Inc. acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the 1st quarter worth about $204,000. Cambridge Investment Research Advisors Inc. lifted its position in Fidelity MSCI Health Care Index ETF by 8.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 142,632 shares of the company’s stock valued at $9,745,000 after acquiring an additional 10,940 shares in the last quarter. Yoder Wealth Management Inc. boosted its stake in Fidelity MSCI Health Care Index ETF by 25.3% during the 1st quarter. Yoder Wealth Management Inc. now owns 76,447 shares of the company’s stock valued at $5,223,000 after purchasing an additional 15,460 shares during the last quarter. Finally, Continuum Advisory LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 6.5% during the 1st quarter. Continuum Advisory LLC now owns 3,146 shares of the company’s stock valued at $215,000 after purchasing an additional 193 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Up 1.2%

Shares of Fidelity MSCI Health Care Index ETF stock opened at $69.71 on Tuesday. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $72.46. The business has a 50 day moving average price of $66.45 and a 200-day moving average price of $64.53. The company has a market cap of $2.61 billion, a PE ratio of 21.23 and a beta of 0.72.

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.