Stifel Financial Corp Trims Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Stifel Financial Corp cut its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 97,200 shares of the company’s stock after selling 890 shares during the quarter. Stifel Financial Corp’s holdings in Fidelity MSCI Health Care Index ETF were worth $7,076,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in FHLC. International Assets Investment Management LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 6,003.1% during the third quarter. International Assets Investment Management LLC now owns 113,090 shares of the company’s stock valued at $82,330,000 after buying an additional 111,237 shares during the period. Harbour Investments Inc. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 14.2% during the second quarter. Harbour Investments Inc. now owns 624,569 shares of the company’s stock valued at $42,845,000 after buying an additional 77,883 shares during the period. Larson Financial Group LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 462.0% during the third quarter. Larson Financial Group LLC now owns 88,170 shares of the company’s stock valued at $6,419,000 after buying an additional 72,481 shares during the period. Spinnaker Trust purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the second quarter valued at approximately $4,331,000. Finally, AGF Management Ltd. increased its stake in shares of Fidelity MSCI Health Care Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 260,052 shares of the company’s stock valued at $17,840,000 after buying an additional 40,363 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

FHLC opened at $67.13 on Friday. Fidelity MSCI Health Care Index ETF has a 52-week low of $62.75 and a 52-week high of $74.48. The stock has a market capitalization of $3.02 billion, a PE ratio of 23.99 and a beta of 0.59. The stock’s 50 day moving average price is $70.19 and its 200-day moving average price is $70.54.

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.