Tandem Capital Management Corp ADV Cuts Stock Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Tandem Capital Management Corp ADV trimmed its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,247 shares of the company’s stock after selling 200 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Fidelity MSCI Health Care Index ETF were worth $964,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in shares of Fidelity MSCI Health Care Index ETF by 247.7% during the first quarter. Cetera Investment Advisers now owns 191,130 shares of the company’s stock worth $13,335,000 after acquiring an additional 136,165 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Fidelity MSCI Health Care Index ETF by 6,003.1% in the third quarter. International Assets Investment Management LLC now owns 113,090 shares of the company’s stock valued at $82,330,000 after acquiring an additional 111,237 shares during the period. Harbour Investments Inc. raised its stake in shares of Fidelity MSCI Health Care Index ETF by 14.2% during the 2nd quarter. Harbour Investments Inc. now owns 624,569 shares of the company’s stock worth $42,845,000 after buying an additional 77,883 shares during the period. Spinnaker Trust acquired a new position in shares of Fidelity MSCI Health Care Index ETF during the 2nd quarter worth approximately $4,331,000. Finally, CX Institutional acquired a new position in shares of Fidelity MSCI Health Care Index ETF during the 2nd quarter worth approximately $3,590,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC stock opened at $70.26 on Thursday. The stock has a 50 day simple moving average of $72.59 and a 200-day simple moving average of $70.05. Fidelity MSCI Health Care Index ETF has a 1-year low of $57.79 and a 1-year high of $74.48. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59.

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.