Halpern Financial Inc. Lowers Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Halpern Financial Inc. lessened its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 44.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 27,150 shares of the company’s stock after selling 21,880 shares during the period. Fidelity MSCI Health Care Index ETF accounts for approximately 0.5% of Halpern Financial Inc.’s holdings, making the stock its 25th largest holding. Halpern Financial Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,962,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Private Ocean LLC acquired a new position in Fidelity MSCI Health Care Index ETF during the second quarter worth $28,000. Sound Income Strategies LLC lifted its stake in Fidelity MSCI Health Care Index ETF by 4,727.3% during the 1st quarter. Sound Income Strategies LLC now owns 531 shares of the company’s stock worth $37,000 after acquiring an additional 520 shares in the last quarter. Gradient Investments LLC purchased a new position in Fidelity MSCI Health Care Index ETF during the 2nd quarter valued at about $46,000. American National Bank grew its position in Fidelity MSCI Health Care Index ETF by 65.7% in the 1st quarter. American National Bank now owns 991 shares of the company’s stock valued at $69,000 after acquiring an additional 393 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Fidelity MSCI Health Care Index ETF during the second quarter worth about $127,000.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of FHLC traded up $0.15 during mid-day trading on Friday, hitting $71.70. 121,409 shares of the company’s stock were exchanged, compared to its average volume of 139,179. The company has a market cap of $3.23 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. The stock’s 50-day moving average is $72.42 and its 200-day moving average is $69.61. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $57.32 and a fifty-two week high of $74.48.

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.