Smith Salley Wealth Management Lowers Stock Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Smith Salley Wealth Management lessened its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 4.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 43,553 shares of the company’s stock after selling 2,102 shares during the quarter. Smith Salley Wealth Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $2,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of FHLC. Commonwealth Equity Services LLC increased its stake in Fidelity MSCI Health Care Index ETF by 1.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 519,944 shares of the company’s stock valued at $37,852,000 after buying an additional 6,940 shares during the period. Weatherly Asset Management L. P. boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 11.1% in the third quarter. Weatherly Asset Management L. P. now owns 235,143 shares of the company’s stock valued at $17,118,000 after acquiring an additional 23,442 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Fidelity MSCI Health Care Index ETF by 5.8% during the second quarter. Thrivent Financial for Lutherans now owns 194,821 shares of the company’s stock worth $13,365,000 after acquiring an additional 10,740 shares during the period. Vicus Capital raised its holdings in Fidelity MSCI Health Care Index ETF by 3.4% during the third quarter. Vicus Capital now owns 158,247 shares of the company’s stock worth $11,520,000 after purchasing an additional 5,131 shares in the last quarter. Finally, Strengthening Families & Communities LLC boosted its holdings in Fidelity MSCI Health Care Index ETF by 4.0% in the 3rd quarter. Strengthening Families & Communities LLC now owns 157,924 shares of the company’s stock valued at $11,497,000 after purchasing an additional 6,123 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Down 0.6 %

Shares of FHLC stock opened at $66.66 on Friday. The stock has a 50 day simple moving average of $67.55 and a 200-day simple moving average of $70.16. The company has a market cap of $3.00 billion, a price-to-earnings 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.

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.