WBI Investments LLC Cuts Position in Fidelity MSCI Health Care Index ETF $FHLC

WBI Investments LLC decreased its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 68.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,502 shares of the company’s stock after selling 20,587 shares during the period. WBI Investments LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $635,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its holdings in Fidelity MSCI Health Care Index ETF by 19.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 19,416 shares of the company’s stock valued at $1,298,000 after buying an additional 3,204 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF by 2.4% in the third quarter. NewEdge Advisors LLC now owns 104,814 shares of the company’s stock worth $7,009,000 after purchasing an additional 2,443 shares during the last quarter. American Trust purchased a new position in Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at about $212,000. Maxele Advisors LLC bought a new position in Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at approximately $1,466,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in Fidelity MSCI Health Care Index ETF by 5,460.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock worth $17,845,000 after buying an additional 262,069 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 1.7%

Shares of Fidelity MSCI Health Care Index ETF stock opened at $70.36 on Thursday. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $77.10. The business has a 50 day moving average of $74.47 and a 200 day moving average of $72.08. The company has a market cap of $2.69 billion, a PE ratio of 21.23 and a beta of 0.67.

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.