Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. cut its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 17.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,688 shares of the company’s stock after selling 14,136 shares during the quarter. Freedom Investment Management Inc. owned 0.14% of Fidelity MSCI Health Care Index ETF worth $4,709,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC lifted its stake in Fidelity MSCI Health Care Index ETF by 11.7% during the third quarter. FMR LLC now owns 98,868 shares of the company’s stock valued at $7,198,000 after buying an additional 10,373 shares in the last quarter. Fisher Asset Management LLC grew its position in Fidelity MSCI Health Care Index ETF by 2.6% during the 3rd quarter. Fisher Asset Management LLC now owns 10,236 shares of the company’s stock worth $745,000 after purchasing an additional 259 shares in the last quarter. Larson Financial Group LLC raised its stake in Fidelity MSCI Health Care Index ETF by 462.0% during the 3rd quarter. Larson Financial Group LLC now owns 88,170 shares of the company’s stock valued at $6,419,000 after purchasing an additional 72,481 shares during the period. Meridian Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the third quarter worth $1,106,000. Finally, Investors Research Corp grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 8.0% during the third quarter. Investors Research Corp now owns 153,142 shares of the company’s stock valued at $11,149,000 after buying an additional 11,319 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Up 0.4 %

Shares of Fidelity MSCI Health Care Index ETF stock opened at $69.56 on Wednesday. Fidelity MSCI Health Care Index ETF has a 1 year low of $60.69 and a 1 year high of $74.48. The company has a market cap of $3.13 billion, a P/E ratio of 23.99 and a beta of 0.59. The stock has a 50-day moving average price of $71.02 and a 200 day moving average price of $70.50.

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.