Traphagen Investment Advisors LLC Sells 6,592 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Traphagen Investment Advisors LLC cut its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 23.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,680 shares of the company’s stock after selling 6,592 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,417,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Pallas Capital Advisors LLC raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 5.0% during the 3rd quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock worth $230,000 after acquiring an additional 156 shares in the last quarter. MAI Capital Management grew its position in Fidelity MSCI Health Care Index ETF by 1.2% in the 3rd quarter. MAI Capital Management now owns 15,110 shares of the company’s stock valued at $1,100,000 after acquiring an additional 177 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 1.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 12,059 shares of the company’s stock worth $878,000 after buying an additional 182 shares in the last quarter. World Investment Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 2.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,768 shares of the company’s stock worth $565,000 after buying an additional 192 shares in the last quarter. Finally, Soltis Investment Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 3.5% during the 3rd quarter. Soltis Investment Advisors LLC now owns 6,118 shares of the company’s stock worth $445,000 after buying an additional 208 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA FHLC opened at $67.82 on Wednesday. The stock has a market capitalization of $3.06 billion, a P/E ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1-year low of $64.72 and a 1-year high of $74.48. The business has a fifty day moving average price of $67.45 and a 200 day moving average price of $70.17.

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.