FHLC Stock Summary and Trading Ideas (Fidelity MSCI Health Care Index ETF | ARCA:FHLC)

The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Health Care 25/50 Index.

Fidelity MSCI Health Care Index ETF trades on the ARCA stock market under the symbol FHLC.

As of May 6, 2024, FHLC stock price climbed to $66.84 with 62,456 million shares trading.

FHLC has a beta of 0.64, meaning it tends to be less sensitive to market movements. FHLC has a correlation of 0.42 to the broad based SPY ETF.

FHLC has a market cap of $3.01 billion. This is considered a Mid Cap stock.

In the last 3 years, FHLC stock traded as high as $70.01 and as low as $55.92.

FHLC has underperformed the market in the last year with a price return of +6.9% while the SPY ETF gained +28.3%. FHLC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.3% and +2.2%, respectively, while the SPY returned +4.8% and +4.3%, respectively.

FHLC support price is $65.99 and resistance is $67.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FHLC stock will trade within this expected range on the day.