HighTower Advisors LLC Sells 8,435 Shares of Fidelity MSCI Health Care Index ETF $FHLC

HighTower Advisors LLC reduced its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 34.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 16,000 shares of the company’s stock after selling 8,435 shares during the quarter. HighTower Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,188,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Altfest L J & Co. Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 19.2% during the 4th quarter. Altfest L J & Co. Inc. now owns 345,718 shares of the company’s stock worth $25,680,000 after acquiring an additional 55,673 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 59.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 183,569 shares of the company’s stock worth $12,275,000 after acquiring an additional 68,720 shares during the last quarter. Aprio Wealth Management LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 94.0% during the 3rd quarter. Aprio Wealth Management LLC now owns 134,175 shares of the company’s stock worth $8,972,000 after acquiring an additional 65,018 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 7.4% during 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 during the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 10.1% during the 4th quarter. Apollon Wealth Management LLC now owns 193,277 shares of the company’s stock worth $14,357,000 after acquiring an additional 17,738 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of FHLC stock opened at $71.15 on Thursday. Fidelity MSCI Health Care Index ETF has a 52-week low of $61.11 and a 52-week high of $77.10. The firm has a market capitalization of $2.89 billion, a P/E ratio of 21.23 and a beta of 0.62. The stock has a 50 day moving average price of $70.68 and a 200 day moving average price of $73.02.

About Fidelity MSCI Health Care Index ETF

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.