Demars Financial Group LLC Sells 559,319 Shares of Fidelity MSCI Health Care Index ETF $FHLC

Demars Financial Group LLC lowered its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 98.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,036 shares of the company’s stock after selling 559,319 shares during the period. Demars Financial Group LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Swmg LLC bought a new position in Fidelity MSCI Health Care Index ETF during the second quarter worth about $215,000. Harbor Asset Planning Inc. bought a new position in Fidelity MSCI Health Care Index ETF during the second quarter worth about $33,000. Harbour Investments Inc. boosted its holdings in Fidelity MSCI Health Care Index ETF by 1.7% during the second quarter. Harbour Investments Inc. now owns 31,358 shares of the company’s stock worth $2,005,000 after buying an additional 531 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in Fidelity MSCI Health Care Index ETF by 9.5% during the second quarter. Apollon Wealth Management LLC now owns 170,376 shares of the company’s stock worth $10,896,000 after buying an additional 14,802 shares during the last quarter. Finally, Strengthening Families & Communities LLC boosted its holdings in Fidelity MSCI Health Care Index ETF by 48.0% during the second quarter. Strengthening Families & Communities LLC now owns 8,774 shares of the company’s stock worth $599,000 after buying an additional 2,844 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

NYSEARCA:FHLC opened at $68.90 on Monday. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $60.35 and a fifty-two week high of $72.71. The stock has a market capitalization of $2.58 billion, a PE ratio of 21.23 and a beta of 0.72. The business’s 50-day simple moving average is $66.30 and its 200-day simple moving average is $64.49.

Fidelity MSCI Health Care Index ETF Company 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.