Avantax Advisory Services Inc. Sells 635 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Avantax Advisory Services Inc. reduced its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,130 shares of the company’s stock after selling 635 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $923,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. JFS Wealth Advisors LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $25,000. Asset Planning Inc acquired a new stake in Fidelity MSCI Health Care Index ETF in the 4th quarter worth about $27,000. FSA Wealth Management LLC bought a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at about $38,000. Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth approximately $41,000. Finally, Global Retirement Partners LLC raised its position in shares of Fidelity MSCI Health Care Index ETF by 192.2% in the fourth quarter. Global Retirement Partners LLC now owns 634 shares of the company’s stock valued at $41,000 after buying an additional 417 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 0.2 %

Shares of FHLC stock opened at $68.87 on Friday. The stock has a 50 day simple moving average of $68.90 and a 200 day simple moving average of $69.65. Fidelity MSCI Health Care Index ETF has a 1 year low of $64.72 and a 1 year high of $74.48. The stock has a market cap of $2.75 billion, a P/E ratio of 28.31 and a beta of 0.71.

About Fidelity MSCI Health Care Index ETF

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.