Better Health Care ETF: Fidelity’s FHLC vs. State Street’s XLV

Better Health Care ETF: Fidelity’s FHLC vs. State Street’s XLV

Investors choose between Fidelity MSCI Healthcare Index ETF (NYSEMKT:FHLC) and State Street Health Care Select Sector SPDR ETF (NYSEMKT:XLV) The former is likely to provide broader market cap exposure, while the latter offers superior liquidity and a higher trailing 12-month dividend yield. Both funds target the domestic healthcare sector and offer exposure to pharmaceutical, biotechnology…

Read More
Fidelity National Information Services (FIS) Supply Chain Finance Platform Selected by Glencore for .55 Billion Program

Fidelity National Information Services (FIS) Supply Chain Finance Platform Selected by Glencore for $2.55 Billion Program

Fidelity National Information Services Inc. (NYSE:FIS) is one of the The best low-priced tech stocks to buy according to hedge funds.. On May 12, FIS announced that Glencore PLC selected its supply chain finance platform, formerly known as Demica, to power an inaugural $2.55 billion trade receivables securitization program for its oil and gas commodities…

Read More
Fidelity jumps into growing CLO ETF market

Fidelity jumps into growing CLO ETF market

Anyone who wants their ETF with more initials is in luck: the letters “CLO” are appearing more and more frequently next to fund names. That is, exchange-traded funds with collateralized loan obligations. Recently, companies including Fidelity, Principal, Janus Henderson and Reckoner Capital Management have added or prepared new CLO ETFs to their product lines. The…

Read More