JPMorgan Chase & Co. Trims Stock Holdings in Fidelity MSCI Health Care Index ETF $FHLC

JPMorgan Chase & Co. lowered its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 9.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,638 shares of the company’s stock after selling 8,791 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Health Care Index ETF were worth $5,392,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FHLC. Rockland Trust Co. purchased a new position in Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at approximately $21,916,000. Altfest L J & Co. Inc. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth $19,395,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Fidelity MSCI Health Care Index ETF by 5,460.9% during the third quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock worth $17,845,000 after acquiring an additional 262,069 shares in the last quarter. Strengthening Families & Communities LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1,765.5% in the third quarter. Strengthening Families & Communities LLC now owns 163,676 shares of the company’s stock worth $10,982,000 after acquiring an additional 154,902 shares during the period. Finally, AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.0% in the third quarter. AGF Management Ltd. now owns 907,336 shares of the company’s stock worth $60,674,000 after acquiring an additional 150,947 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA FHLC opened at $70.91 on Thursday. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $60.35 and a fifty-two week high of $77.10. The stock has a market cap of $2.71 billion, a PE ratio of 21.23 and a beta of 0.67. The stock has a fifty day moving average of $73.33 and a 200-day moving average of $72.33.

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.