Eldridge Investment Advisors Inc. Sells 17,609 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Eldridge Investment Advisors Inc. decreased its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 66.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,940 shares of the company’s stock after selling 17,609 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $584,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at $1,792,000. US Bancorp DE bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at $55,000. FMR LLC increased its position in shares of Fidelity MSCI Health Care Index ETF by 11.7% in the 3rd quarter. FMR LLC now owns 98,868 shares of the company’s stock valued at $7,198,000 after buying an additional 10,373 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Fidelity MSCI Health Care Index ETF by 17.8% in the 4th quarter. Fifth Third Bancorp now owns 1,691 shares of the company’s stock valued at $111,000 after buying an additional 255 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Fidelity MSCI Health Care Index ETF by 16.4% in the 3rd quarter. Franklin Resources Inc. now owns 3,191 shares of the company’s stock valued at $233,000 after buying an additional 449 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Up 0.8 %

FHLC opened at $67.98 on Friday. Fidelity MSCI Health Care Index ETF has a 12 month low of $64.72 and a 12 month high of $74.48. The company has a fifty day simple moving average of $68.72 and a 200 day simple moving average of $69.76. The stock has a market cap of $2.71 billion, a P/E ratio of 28.31 and a beta of 0.71.

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.