SVB Wealth LLC Has $861,000 Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

SVB Wealth LLC lowered its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 21.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,317 shares of the company’s stock after selling 3,648 shares during the quarter. SVB Wealth LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $861,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FHLC. Private Ocean LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $26,000. Private Trust Co. NA bought a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth about $29,000. Capital Investment Advisory Services LLC grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 876.6% during the third quarter. Capital Investment Advisory Services LLC now owns 625 shares of the company’s stock worth $38,000 after buying an additional 561 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 400.0% during the second quarter. PNC Financial Services Group Inc. now owns 875 shares of the company’s stock worth $55,000 after buying an additional 700 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 43.7% during the first quarter. Captrust Financial Advisors now owns 931 shares of the company’s stock worth $61,000 after buying an additional 283 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA:FHLC opened at $65.37 on Friday. The stock has a 50-day simple moving average of $68.25 and a 200 day simple moving average of $64.69. The company has a market cap of $2.94 billion, a PE ratio of 23.67 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 52-week low of $57.32 and a 52-week high of $70.01.

Fidelity MSCI Health Care Index ETF Company 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.