Brookstone Capital Management Reduces Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Brookstone Capital Management decreased its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 8.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,472 shares of the company’s stock after selling 428 shares during the quarter. Brookstone Capital Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FHLC. Yoder Wealth Management Inc. lifted its holdings in Fidelity MSCI Health Care Index ETF by 9.0% during the fourth quarter. Yoder Wealth Management Inc. now owns 45,332 shares of the company’s stock valued at $2,933,000 after purchasing an additional 3,724 shares in the last quarter. Lincoln National Corp lifted its holdings in Fidelity MSCI Health Care Index ETF by 3.7% during the fourth quarter. Lincoln National Corp now owns 24,450 shares of the company’s stock valued at $1,582,000 after purchasing an additional 865 shares in the last quarter. Grant GrossMendelsohn LLC purchased a new position in Fidelity MSCI Health Care Index ETF during the fourth quarter valued at approximately $204,000. AGF Management Ltd. lifted its holdings in Fidelity MSCI Health Care Index ETF by 42.1% during the fourth quarter. AGF Management Ltd. now owns 75,253 shares of the company’s stock valued at $4,868,000 after purchasing an additional 22,302 shares in the last quarter. Finally, Beaumont Asset Management L.L.C. lifted its holdings in Fidelity MSCI Health Care Index ETF by 1.6% during the fourth quarter. Beaumont Asset Management L.L.C. now owns 35,601 shares of the company’s stock valued at $2,303,000 after purchasing an additional 549 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA:FHLC opened at $68.00 on Wednesday. Fidelity MSCI Health Care Index ETF has a 1-year low of $57.32 and a 1-year high of $70.01. The company has a market capitalization of $3.06 billion, a P/E ratio of 23.99 and a beta of 0.59. The firm’s 50 day simple moving average is $67.92 and its two-hundred day simple moving average is $67.40.

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.