Mutual Advisors LLC Reduces Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)
March 25, 2023
Mutual Advisors LLC lowered its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC – Get Rating) by 7.2% during the fourth quarter, HoldingsChannel reports. The firm owned 8,536 shares of the company’s stock after selling 667 shares during the period. Mutual Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $546,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in FHLC. JPMorgan Chase & Co. raised its stake in shares of the Fidelity MSCI Health Care Index ETF by 0.5% during the first quarter. JPMorgan Chase & Co. now owns 46,435 shares of the company’s stock valued at $3,048,000 after purchasing an additional 231 shares during the period. Cetera Advisor Networks LLC raised its stake in shares of the Fidelity MSCI Health Care Index ETF by 14.2% during the first quarter. Cetera Advisor Networks LLC now owns 6,764 shares of the company’s stock valued at $444,000 after purchasing an additional 842 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 53.3% in the first quarter. Sequoia Financial Advisors LLC now owns 7,742 shares of the company’s stock worth $508,000 after buying an additional 2,693 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of the Fidelity MSCI Health Care Index ETF by 1.5% in the first quarter. NewEdge Advisors LLC now owns 38,247 shares of the company’s stock worth $2,511,000 after buying an additional 548 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 148.0% in the first quarter. Prudential Financial Inc. now owns 14,142 shares of the company’s stock worth $929,000 after buying an additional 8,439 shares during the last quarter.
Fidelity MSCI Health Care Index ETF Trading Up 1.3 %
Shares of NYSEARCA:FHLC opened at $60.34 on Friday. The company has a fifty day simple moving average of $61.96 and a 200 day simple moving average of $62.08. The firm has a market cap of $2.98 billion, a PE ratio of 21.70 and a beta of 0.76. The Fidelity MSCI Health Care Index ETF has a 12-month low of $55.92 and a 12-month high of $68.45.
Fidelity MSCI Health Care Index ETF Company Profile
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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.
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