Raymond James & Associates Decreases Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Raymond James & Associates lowered its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,001 shares of the company’s stock after selling 778 shares during the quarter. Raymond James & Associates’ holdings in Fidelity MSCI Health Care Index ETF were worth $647,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Retirement Planning Group LLC bought a new position in Fidelity MSCI Health Care Index ETF in the 4th quarter worth about $901,000. LexAurum Advisors LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 19.3% in the 4th quarter. LexAurum Advisors LLC now owns 5,234 shares of the company’s stock worth $339,000 after purchasing an additional 845 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in Fidelity MSCI Health Care Index ETF by 19.8% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 3,957 shares of the company’s stock worth $260,000 after purchasing an additional 654 shares during the period. Lynch & Associates IN boosted its position in shares of Fidelity MSCI Health Care Index ETF by 8.0% during the 4th quarter. Lynch & Associates IN now owns 27,343 shares of the company’s stock valued at $1,769,000 after acquiring an additional 2,034 shares during the last quarter. Finally, Anchor Investment Management LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $65,000.

Fidelity MSCI Health Care Index ETF Trading Down 0.3 %

Shares of FHLC opened at $66.32 on Thursday. The company has a market cap of $2.98 billion, a PE ratio of 23.67 and a beta of 0.61. The stock has a 50-day moving average price of $68.15 and a 200-day moving average price of $64.84. Fidelity MSCI Health Care Index ETF has a 12-month low of $57.32 and a 12-month high of $70.01.

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.