Exchange Capital Management Inc. Trims Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Exchange Capital Management Inc. cut its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,545 shares of the company’s stock after selling 415 shares during the period. Exchange Capital Management Inc. owned 0.12% of Fidelity MSCI Health Care Index ETF worth $3,499,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FHLC. JFS Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter valued at $25,000. Asset Planning Inc purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $27,000. FSA Wealth Management LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter valued at approximately $38,000. Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $41,000. Finally, Global Retirement Partners LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 192.2% during the fourth quarter. Global Retirement Partners LLC now owns 634 shares of the company’s stock valued at $41,000 after buying an additional 417 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Up 0.6 %

Shares of NYSEARCA:FHLC opened at $69.74 on Tuesday. The firm has a fifty day simple moving average of $67.67 and a two-hundred day simple moving average of $70.05. Fidelity MSCI Health Care Index ETF has a 52 week low of $64.72 and a 52 week high of $74.48. The stock has a market capitalization of $3.14 billion, a P/E ratio of 23.99 and a beta of 0.59.

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.