Investors Research Corp Buys 203,231 Shares of Fidelity MSCI Health Care Index ETF $FHLC

Investors Research Corp bought a new stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 203,231 shares of the company’s stock, valued at approximately $16,604,000. Fidelity MSCI Health Care Index ETF comprises about 2.7% of Investors Research Corp’s portfolio, making the stock its 9th biggest position. Investors Research Corp owned 0.48% of Fidelity MSCI Health Care Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Lido Advisors LLC lifted its stake in Fidelity MSCI Health Care Index ETF by 6.3% during the first quarter. Lido Advisors LLC now owns 2,160,071 shares of the company’s stock worth $151,983,000 after purchasing an additional 127,325 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 70.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 569,997 shares of the company’s stock worth $44,032,000 after purchasing an additional 236,054 shares in the last quarter. Weatherly Asset Management L. P. increased its position in shares of Fidelity MSCI Health Care Index ETF by 2.9% during the 1st quarter. Weatherly Asset Management L. P. now owns 306,475 shares of the company’s stock valued at $21,564,000 after purchasing an additional 8,602 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Fidelity MSCI Health Care Index ETF by 9.1% during the 1st quarter. Kestra Advisory Services LLC now owns 287,946 shares of the company’s stock valued at $20,260,000 after purchasing an additional 23,903 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 12.0% during the 1st quarter. Apollon Wealth Management LLC now owns 216,412 shares of the company’s stock valued at $15,227,000 after buying an additional 23,135 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA:FHLC traded up $0.60 during mid-day trading on Wednesday, reaching $81.44. The stock had a trading volume of 232,394 shares, compared to its average volume of 214,292. The firm has a 50 day moving average price of $81.89 and a two-hundred day moving average price of $76.21. The stock has a market capitalization of $3.43 billion, a P/E ratio of 21.23 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a one year low of $67.77 and a one year high of $85.46.

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.