Mercer Global Advisors Inc. ADV Has $421,000 Stock Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Mercer Global Advisors Inc. ADV trimmed its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 53.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,440 shares of the company’s stock after selling 7,318 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Fidelity MSCI Health Care Index ETF were worth $421,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Elevated Capital Advisors LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $273,000. Define Financial LLC acquired a new position in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $396,000. LongView Wealth Management increased its holdings in Fidelity MSCI Health Care Index ETF by 11.6% during the 4th quarter. LongView Wealth Management now owns 5,553 shares of the company’s stock worth $363,000 after purchasing an additional 576 shares in the last quarter. Ameritas Advisory Services LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 5.3% during the 4th quarter. Ameritas Advisory Services LLC now owns 28,619 shares of the company’s stock worth $1,870,000 after purchasing an additional 1,441 shares in the last quarter. Finally, Maltin Wealth Management Inc. raised its stake in shares of Fidelity MSCI Health Care Index ETF by 0.5% in the fourth quarter. Maltin Wealth Management Inc. now owns 49,312 shares of the company’s stock worth $3,223,000 after purchasing an additional 245 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Down 2.8%

Shares of NYSEARCA:FHLC opened at $62.37 on Wednesday. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 26.77 and a beta of 0.74. Fidelity MSCI Health Care Index ETF has a 12-month low of $60.39 and a 12-month high of $74.48. The business’s 50 day moving average is $65.63 and its 200 day moving average is $67.50.

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.