Marotta Asset Management Sells 25,088 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Marotta Asset Management lowered its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 38.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,184 shares of the company’s stock after selling 25,088 shares during the quarter. Marotta Asset Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $2,925,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 5.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 33,389 shares of the company’s stock valued at $2,182,000 after buying an additional 1,864 shares during the period. Comprehensive Money Management Services LLC purchased a new stake in Fidelity MSCI Health Care Index ETF during the fourth quarter valued at $603,000. Heck Capital Advisors LLC bought a new position in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $2,545,000. Ameriflex Group Inc. bought a new position in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $50,000. Finally, Visionary Wealth Advisors boosted its position in Fidelity MSCI Health Care Index ETF by 5.0% in the fourth quarter. Visionary Wealth Advisors now owns 6,644 shares of the company’s stock worth $434,000 after purchasing an additional 316 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Down 0.6%

NYSEARCA FHLC opened at $62.10 on Thursday. The company has a 50-day moving average price of $64.22 and a 200-day moving average price of $66.91. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $74.48. The firm has a market capitalization of $2.41 billion, a P/E ratio of 24.22 and a beta of 0.70.

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.