Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 55.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,563,767 shares of the company’s stock after selling 1,934,099 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $113,842,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Private Ocean LLC acquired a new stake in Fidelity MSCI Health Care Index ETF in the second quarter valued at $28,000. Gradient Investments LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the second quarter valued at about $46,000. US Bancorp DE purchased a new stake in Fidelity MSCI Health Care Index ETF during the third quarter worth about $55,000. International Assets Investment Management LLC acquired a new position in Fidelity MSCI Health Care Index ETF during the second quarter worth about $127,000. Finally, Sweeney & Michel LLC purchased a new position in Fidelity MSCI Health Care Index ETF in the third quarter valued at about $200,000.

Fidelity MSCI Health Care Index ETF Trading Up 1.1 %

FHLC stock opened at $69.27 on Tuesday. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. The firm has a 50 day moving average of $71.10 and a 200-day moving average of $70.49. Fidelity MSCI Health Care Index ETF has a 12-month low of $60.69 and a 12-month high of $74.48.

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.