Fidelity MSCI Health Care Index ETF $FHLC Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 12.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,213 shares of the company’s stock after selling 15,981 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.29% of Fidelity MSCI Health Care Index ETF worth $8,335,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rockland Trust Co. acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter worth approximately $21,916,000. Mercer Global Advisors Inc. ADV grew its position in shares of Fidelity MSCI Health Care Index ETF by 5,460.9% in the 3rd 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 grew its position in shares of Fidelity MSCI Health Care Index ETF by 1,765.5% in the 3rd 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 in the last quarter. AGF Management Ltd. grew its position in shares of Fidelity MSCI Health Care Index ETF by 20.0% in the 3rd 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 in the last quarter. Finally, Lido Advisors LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 7.4% in the 3rd quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock worth $136,167,000 after acquiring an additional 141,132 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Trading Up 1.0%

Shares of FHLC opened at $72.17 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 21.23 and a beta of 0.62. The stock has a 50 day moving average of $70.52 and a 200-day moving average of $72.96. Fidelity MSCI Health Care Index ETF has a 52 week low of $61.11 and a 52 week high of $77.10.

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.