GSA Capital Partners LLP Sells 649 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

GSA Capital Partners LLP cut its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 4.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,511 shares of the company’s stock after selling 649 shares during the period. GSA Capital Partners LLP’s holdings in Fidelity MSCI Health Care Index ETF were worth $1,082,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FHLC. Waterway Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $12,459,000. International Assets Investment Management LLC acquired a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $7,756,000. Aprio Wealth Management LLC acquired a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter valued at $7,183,000. Richard C. Young & CO. LTD. bought a new stake in Fidelity MSCI Health Care Index ETF during the fourth quarter valued at $6,770,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Fidelity MSCI Health Care Index ETF by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,075,295 shares of the company’s stock valued at $328,321,000 after buying an additional 48,012 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of Fidelity MSCI Health Care Index ETF stock traded up $0.28 during mid-day trading on Wednesday, hitting $68.54. 37,163 shares of the stock were exchanged, compared to its average volume of 138,755. Fidelity MSCI Health Care Index ETF has a 12 month low of $57.32 and a 12 month high of $70.01. The company has a 50-day simple moving average of $68.11 and a 200 day simple moving average of $67.55. The company has a market capitalization of $3.09 billion, a P/E 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.