Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Sold by Valmark Advisers Inc.

Valmark Advisers Inc. cut its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 1.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 48,429 shares of the company’s stock after selling 539 shares during the period. Valmark Advisers Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $3,309,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. CX Institutional acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 1st quarter valued at about $114,000. Citadel Advisors LLC acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter valued at about $862,000. D. E. Shaw & Co. Inc. acquired a new position in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $679,000. Allworth Financial LP boosted its stake in Fidelity MSCI Health Care Index ETF by 131.7% during the 4th quarter. Allworth Financial LP now owns 2,060 shares of the company’s stock valued at $140,000 after purchasing an additional 1,171 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in Fidelity MSCI Health Care Index ETF by 68.0% during the 4th quarter. Jones Financial Companies Lllp now owns 5,926 shares of the company’s stock valued at $387,000 after purchasing an additional 2,398 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 0.9%

Fidelity MSCI Health Care Index ETF stock opened at $62.75 on Monday. The firm has a 50-day moving average price of $63.49 and a two-hundred day moving average price of $66.21. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 23.73 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a 52-week low of $60.35 and a 52-week high of $74.48.

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.