Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Sold by Smith Salley Wealth Management

Smith Salley Wealth Management decreased its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,553 shares of the company’s stock after selling 2,102 shares during the period. Smith Salley Wealth Management owned 0.10% of Fidelity MSCI Health Care Index ETF worth $2,846,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth about $38,000. US Bancorp DE acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at about $55,000. Sweeney & Michel LLC purchased a new position in Fidelity MSCI Health Care Index ETF during the 3rd quarter worth approximately $200,000. Pallas Capital Advisors LLC increased its position in Fidelity MSCI Health Care Index ETF by 5.0% during the third quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock worth $230,000 after buying an additional 156 shares during the period. Finally, Eaton Financial Holdings Company LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the third quarter valued at approximately $231,000.

Fidelity MSCI Health Care Index ETF Trading Down 0.6 %

Shares of FHLC opened at $66.66 on Friday. The company’s 50 day simple moving average is $67.55 and its 200-day simple moving average is $70.16. The firm has a market cap of $3.00 billion, a PE ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 12-month low of $64.72 and a 12-month high of $74.48.

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.