Mascoma Wealth Management LLC Has $1.14 Million Stock Position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Mascoma Wealth Management LLC lessened its holdings in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 13.8% in the third quarter, HoldingsChannel.com reports. The firm owned 15,607 shares of the company’s stock after selling 2,504 shares during the period. Mascoma Wealth Management LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,136,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FHLC. Sigma Planning Corp increased its stake in shares of Fidelity MSCI Health Care Index ETF by 0.4% during the 3rd quarter. Sigma Planning Corp now owns 101,311 shares of the company’s stock worth $7,375,000 after purchasing an additional 379 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its position in Fidelity MSCI Health Care Index ETF by 14.3% during the third quarter. Mesirow Financial Investment Management Inc. now owns 4,489 shares of the company’s stock valued at $327,000 after acquiring an additional 561 shares during the last quarter. Beckerman Institutional LLC purchased a new position in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth $2,146,000. Spinnaker Trust increased its stake in Fidelity MSCI Health Care Index ETF by 8.1% in the 3rd quarter. Spinnaker Trust now owns 68,252 shares of the company’s stock worth $4,969,000 after purchasing an additional 5,122 shares during the period. Finally, Armor Investment Advisors LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 3.9% during the 3rd quarter. Armor Investment Advisors LLC now owns 84,700 shares of the company’s stock valued at $6,166,000 after purchasing an additional 3,187 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Fidelity MSCI Health Care Index ETF stock opened at $71.24 on Tuesday. The stock’s 50 day simple moving average is $72.09 and its two-hundred day simple moving average is $70.35. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $58.58 and a fifty-two week high of $74.48. The stock has a market cap of $3.21 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59.

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.