Ameriprise Financial Inc. Trims Stock Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Ameriprise Financial Inc. reduced its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 150,192 shares of the company’s stock after selling 18,761 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.33% of Fidelity MSCI Health Care Index ETF worth $9,814,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FHLC. Lido Advisors LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 5.0% during the 4th quarter. Lido Advisors LLC now owns 1,823,697 shares of the company’s stock valued at $119,179,000 after buying an additional 87,118 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 4.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,634,514 shares of the company’s stock valued at $106,816,000 after buying an additional 70,747 shares in the last quarter. AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 17.6% during the 4th quarter. AGF Management Ltd. now owns 597,163 shares of the company’s stock valued at $39,025,000 after buying an additional 89,224 shares in the last quarter. Demars Financial Group LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 5,780.9% during the 4th quarter. Demars Financial Group LLC now owns 557,330 shares of the company’s stock valued at $36,422,000 after buying an additional 547,853 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 0.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 523,252 shares of the company’s stock valued at $34,194,000 after buying an additional 3,308 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Up 0.8%

Shares of FHLC stock opened at $63.56 on Tuesday. Fidelity MSCI Health Care Index ETF has a 12 month low of $60.35 and a 12 month high of $74.48. The stock has a market cap of $2.47 billion, a PE ratio of 24.22 and a beta of 0.70. The company’s fifty day moving average price is $65.10 and its 200-day moving average price is $67.27.

About Fidelity MSCI Health Care Index ETF

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.