Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 50.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,496 shares of the company’s stock after selling 13,670 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity MSCI Health Care Index ETF were worth $882,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $12,904,000. Apollon Wealth Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter worth approximately $9,444,000. Centerline Wealth Advisors LLC purchased a new position in Fidelity MSCI Health Care Index ETF during the fourth quarter worth $8,119,000. Lifeworks Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 79.1% in the 4th quarter. Lifeworks Advisors LLC now owns 214,778 shares of the company’s stock valued at $14,036,000 after purchasing an additional 94,881 shares during the last quarter. Finally, AGF Management Ltd. raised its position in shares of Fidelity MSCI Health Care Index ETF by 17.6% in the fourth 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 during the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 1.8 %

Shares of NYSEARCA:FHLC opened at $67.06 on Wednesday. The stock’s 50-day moving average price is $69.11 and its two-hundred day moving average price is $69.30. Fidelity MSCI Health Care Index ETF has a 12-month low of $64.72 and a 12-month high of $74.48. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 28.06 and a beta of 0.74.

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.