Demars Financial Group LLC Sells 11,245 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Demars Financial Group LLC cut its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 51.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,438 shares of the company’s stock after selling 11,245 shares during the period. Fidelity MSCI Health Care Index ETF comprises approximately 0.4% of Demars Financial Group LLC’s investment portfolio, making the stock its 27th biggest position. Demars Financial Group LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 0.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,027,283 shares of the company’s stock valued at $304,553,000 after acquiring an additional 29,020 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 4.8% in the 3rd quarter. Lido Advisors LLC now owns 1,676,610 shares of the company’s stock valued at $101,569,000 after acquiring an additional 76,813 shares during the last quarter. Envestnet Asset Management Inc. lifted 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 acquiring an additional 190,406 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 12.9% in the 3rd quarter. Harbour Investments Inc. now owns 436,770 shares of the company’s stock valued at $26,460,000 after acquiring an additional 49,993 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 8.3% in the 3rd quarter. LPL Financial LLC now owns 418,904 shares of the company’s stock valued at $25,377,000 after acquiring an additional 31,964 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of FHLC opened at $66.47 on Wednesday. Fidelity MSCI Health Care Index ETF has a 52 week low of $57.32 and a 52 week high of $70.01. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 23.67 and a beta of 0.61. The stock has a fifty day moving average of $68.18 and a 200-day moving average of $64.83.

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.