Private Advisor Group LLC Reduces Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Private Advisor Group LLC decreased its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,946 shares of the company’s stock after selling 475 shares during the quarter. Private Advisor Group LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,107,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter worth approximately $25,000. Asset Planning Inc acquired a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter worth $27,000. FSA Wealth Management LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the third quarter valued at $38,000. Newbridge Financial Services Group Inc. purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $41,000. Finally, Global Retirement Partners LLC boosted its stake in 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 acquiring an additional 417 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

FHLC opened at $70.04 on Friday. Fidelity MSCI Health Care Index ETF has a one year low of $64.72 and a one year high of $74.48. The stock has a market capitalization of $2.82 billion, a P/E ratio of 30.60 and a beta of 0.71. The business’s 50-day simple moving average is $68.08 and its 200-day simple moving average is $70.03.

Fidelity MSCI Health Care Index ETF Company 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.