Birchcreek Wealth Management LLC Sells 1,753 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Birchcreek Wealth Management LLC cut its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,422 shares of the company’s stock after selling 1,753 shares during the period. Fidelity MSCI Health Care Index ETF makes up approximately 0.9% of Birchcreek Wealth Management LLC’s holdings, making the stock its 27th biggest position. Birchcreek Wealth Management LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,515,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FHLC. Private Trust Co. NA bought a new stake in Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at $29,000. Armor Investment Advisors LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1.6% during the 3rd quarter. Armor Investment Advisors LLC now owns 79,161 shares of the company’s stock worth $4,796,000 after acquiring an additional 1,264 shares during the period. Raymond James & Associates lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 3.6% during the 3rd quarter. Raymond James & Associates now owns 10,779 shares of the company’s stock worth $653,000 after acquiring an additional 373 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 11.6% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 271,332 shares of the company’s stock worth $16,437,000 after acquiring an additional 28,265 shares during the period. Finally, Lynch & Associates IN lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 5.1% during the 3rd quarter. Lynch & Associates IN now owns 25,309 shares of the company’s stock worth $1,533,000 after acquiring an additional 1,229 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC traded up $0.36 during midday trading on Monday, reaching $66.23. 40,158 shares of the company’s stock were exchanged, compared to its average volume of 148,103. The company’s 50 day simple moving average is $68.04 and its two-hundred day simple moving average is $64.93. The firm has a market capitalization of $2.98 billion, a PE ratio of 23.67 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 12 month low of $57.32 and a 12 month high of $70.01.

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.