Tandem Capital Management Corp ADV Reduces Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Tandem Capital Management Corp ADV cut its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 11.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,377 shares of the company’s stock after selling 1,985 shares during the period. Tandem Capital Management Corp ADV’s holdings in Fidelity MSCI Health Care Index ETF were worth $995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Private Trust Co. NA bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter valued at approximately $29,000. CX Institutional increased its holdings in Fidelity MSCI Health Care Index ETF by 61.2% during the third quarter. CX Institutional now owns 12,605 shares of the company’s stock valued at $764,000 after buying an additional 4,787 shares during the period. McGlone Suttner Wealth Management Inc. raised its stake in Fidelity MSCI Health Care Index ETF by 5.9% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 233,081 shares of the company’s stock worth $14,120,000 after buying an additional 12,931 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in Fidelity MSCI Health Care Index ETF by 4.2% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 81,559 shares of the company’s stock worth $4,941,000 after buying an additional 3,296 shares during the period. Finally, Armor Investment Advisors LLC boosted its position in Fidelity MSCI Health Care Index ETF by 1.6% during the 3rd quarter. Armor Investment Advisors LLC now owns 79,161 shares of the company’s stock valued at $4,796,000 after acquiring an additional 1,264 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 0.8 %

Shares of NYSEARCA:FHLC traded down $0.55 on Thursday, reaching $65.77. The company had a trading volume of 170,366 shares, compared to its average volume of 150,310. The firm has a market capitalization of $2.96 billion, a PE ratio of 23.67 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 52-week low of $57.32 and a 52-week high of $70.01. The firm’s 50 day simple moving average is $68.15 and its 200-day simple moving average is $64.84.

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.