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

Tandem Capital Management Corp ADV trimmed its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,062 shares of the company’s stock after selling 185 shares during the period. Tandem Capital Management Corp ADV’s holdings in Fidelity MSCI Health Care Index ETF were worth $854,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the third quarter worth $1,792,000. Creative Planning grew its stake in shares of Fidelity MSCI Health Care Index ETF by 3.7% in the third quarter. Creative Planning now owns 28,467 shares of the company’s stock worth $2,072,000 after acquiring an additional 1,010 shares during the last quarter. US Bancorp DE bought a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter valued at $55,000. FMR LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 11.7% during the third quarter. FMR LLC now owns 98,868 shares of the company’s stock valued at $7,198,000 after purchasing an additional 10,373 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.8% during the third quarter. CWM LLC now owns 4,153 shares of the company’s stock valued at $302,000 after purchasing an additional 716 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA:FHLC opened at $69.93 on Tuesday. The company has a market cap of $3.15 billion, a P/E ratio of 23.99 and a beta of 0.59. Fidelity MSCI Health Care Index ETF has a 1 year low of $64.72 and a 1 year high of $74.48. The stock’s fifty day moving average price is $67.58 and its 200-day moving average price is $70.15.

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.