Truist Financial Corp Has $759,000 Stake in Fidelity MSCI Health Care Index ETF $FHLC

Truist Financial Corp trimmed its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 44.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,217 shares of the company’s stock after selling 8,243 shares during the period. Truist Financial Corp’s holdings in Fidelity MSCI Health Care Index ETF were worth $759,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FHLC. Rockland Trust Co. acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the third quarter valued at $21,916,000. Mercer Global Advisors Inc. ADV boosted its stake in Fidelity MSCI Health Care Index ETF by 5,460.9% during the third 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 in the last quarter. Strengthening Families & Communities LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 1,765.5% in the 3rd quarter. Strengthening Families & Communities LLC now owns 163,676 shares of the company’s stock valued at $10,982,000 after buying an additional 154,902 shares during the period. AGF Management Ltd. increased its holdings in Fidelity MSCI Health Care Index ETF by 20.0% in the 3rd quarter. AGF Management Ltd. now owns 907,336 shares of the company’s stock valued at $60,674,000 after buying an additional 150,947 shares during the period. Finally, Lido Advisors LLC raised its stake in shares of Fidelity MSCI Health Care Index ETF by 7.4% in the 3rd quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock valued at $136,167,000 after buying an additional 141,132 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of FHLC stock opened at $69.96 on Monday. The firm has a fifty day moving average of $70.73 and a 200-day moving average of $72.94. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 21.23 and a beta of 0.62. Fidelity MSCI Health Care Index ETF has a 52-week low of $61.11 and a 52-week high of $77.10.

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.