Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Stake Lowered by Exchange Capital Management Inc.

Exchange Capital Management Inc. cut its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 0.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,545 shares of the company’s stock after selling 415 shares during the period. Exchange Capital Management Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $3,499,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Pallas Capital Advisors LLC lifted its position in Fidelity MSCI Health Care Index ETF by 5.0% in the third quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock worth $230,000 after purchasing an additional 156 shares during the period. MAI Capital Management lifted its position in shares of Fidelity MSCI Health Care Index ETF by 1.2% during the 3rd quarter. MAI Capital Management now owns 15,110 shares of the company’s stock valued at $1,100,000 after acquiring an additional 177 shares during the last quarter. Avior Wealth Management LLC lifted its position in shares of Fidelity MSCI Health Care Index ETF by 2.5% during the 4th quarter. Avior Wealth Management LLC now owns 7,279 shares of the company’s stock valued at $476,000 after acquiring an additional 177 shares during the last quarter. World Investment Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 2.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,768 shares of the company’s stock valued at $565,000 after purchasing an additional 192 shares during the period. Finally, Soltis Investment Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 3.5% during the 3rd quarter. Soltis Investment Advisors LLC now owns 6,118 shares of the company’s stock valued at $445,000 after purchasing an additional 208 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Up 0.6 %

Shares of NYSEARCA:FHLC opened at $69.74 on Tuesday. Fidelity MSCI Health Care Index ETF has a 12-month low of $64.72 and a 12-month high of $74.48. The company has a market cap of $3.14 billion, a P/E ratio of 23.99 and a beta of 0.59. The company’s fifty day moving average is $67.67 and its two-hundred day moving average is $70.05.

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.