Sequoia Financial Advisors LLC Cuts Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Sequoia Financial Advisors LLC decreased its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 4.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,880 shares of the company’s stock after selling 262 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FHLC. Waterway Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter valued at $12,459,000. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 50.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 565,455 shares of the company’s stock valued at $34,255,000 after purchasing an additional 190,406 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 4.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,872,704 shares of the company’s stock valued at $254,282,000 after purchasing an additional 158,530 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at $7,756,000. Finally, Aprio Wealth Management LLC bought a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at $7,183,000.

Fidelity MSCI Health Care Index ETF Stock Down 0.3 %

NYSEARCA:FHLC opened at $65.18 on Thursday. The company has a fifty day moving average of $68.36 and a 200 day moving average of $64.65. Fidelity MSCI Health Care Index ETF has a 52 week low of $57.32 and a 52 week high of $70.01. The firm has a market capitalization of $2.93 billion, a P/E ratio of 23.67 and a beta of 0.61.

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.