Panoramic Investment Advisors LLC Sells 304 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Panoramic Investment Advisors LLC lowered its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 7.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 3,939 shares of the company’s stock after selling 304 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of FHLC. Private Ocean LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at approximately $26,000. Sound Income Strategies LLC increased its position in Fidelity MSCI Health Care Index ETF by 4,727.3% in the first quarter. Sound Income Strategies LLC now owns 531 shares of the company’s stock worth $37,000 after buying an additional 520 shares during the last quarter. American National Bank raised its stake in shares of Fidelity MSCI Health Care Index ETF by 160.0% in the fourth quarter. American National Bank now owns 598 shares of the company’s stock valued at $39,000 after buying an additional 368 shares during the period. Anchor Investment Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter valued at $65,000. Finally, Partnership Wealth Management LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF during the 4th quarter worth $81,000.

Fidelity MSCI Health Care Index ETF Stock Down 0.5 %

Fidelity MSCI Health Care Index ETF stock traded down $0.35 during midday trading on Tuesday, reaching $67.93. The stock had a trading volume of 31,676 shares, compared to its average volume of 134,235. The firm has a market capitalization of $3.06 billion, a PE ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 12 month low of $57.32 and a 12 month high of $70.01. The firm’s 50-day moving average price is $67.89 and its 200 day moving average price is $67.37.

Fidelity MSCI Health Care Index ETF Company 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.