Tandem Capital Management Corp ADV Purchases 2,130 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Tandem Capital Management Corp ADV raised its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 15.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,577 shares of the company’s stock after buying an additional 2,130 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,087,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in Fidelity MSCI Health Care Index ETF by 247.7% during the 1st quarter. Cetera Investment Advisers now owns 191,130 shares of the company’s stock valued at $13,335,000 after acquiring an additional 136,165 shares during the period. International Assets Investment Management LLC raised its stake in shares of Fidelity MSCI Health Care Index ETF by 6,003.1% during the 3rd quarter. International Assets Investment Management LLC now owns 113,090 shares of the company’s stock valued at $82,330,000 after purchasing an additional 111,237 shares during the period. Harbour Investments Inc. lifted its holdings in Fidelity MSCI Health Care Index ETF by 14.2% during the 2nd quarter. Harbour Investments Inc. now owns 624,569 shares of the company’s stock worth $42,845,000 after purchasing an additional 77,883 shares in the last quarter. Spinnaker Trust bought a new position in Fidelity MSCI Health Care Index ETF in the 2nd quarter worth about $4,331,000. Finally, CX Institutional purchased a new position in Fidelity MSCI Health Care Index ETF during the 2nd quarter valued at about $3,590,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC traded up $0.16 during midday trading on Friday, hitting $70.88. 2,179 shares of the company traded hands, compared to its average volume of 135,992. The stock has a 50-day moving average of $72.78 and a 200-day moving average of $69.93. Fidelity MSCI Health Care Index ETF has a one year low of $57.32 and a one year high of $74.48. The firm has a market cap of $3.19 billion, a P/E ratio of 23.99 and a beta of 0.59.

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.