Congress Wealth Management LLC DE Decreases Stock Holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Congress Wealth Management LLC DE lowered its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 23.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,657 shares of the company’s stock after selling 3,657 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Fidelity MSCI Health Care Index ETF were worth $762,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Fidelity MSCI Health Care Index ETF by 35.2% during the fourth quarter. LPL Financial LLC now owns 517,910 shares of the company’s stock valued at $33,845,000 after acquiring an additional 134,889 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 0.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 523,252 shares of the company’s stock valued at $34,194,000 after purchasing an additional 3,308 shares during the period. PFG Advisors bought a new position in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at approximately $209,000. Wealthfront Advisers LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the 4th quarter worth approximately $3,903,000. Finally, AGF Management Ltd. grew its position in shares of Fidelity MSCI Health Care Index ETF by 17.6% in the 4th quarter. AGF Management Ltd. now owns 597,163 shares of the company’s stock worth $39,025,000 after buying an additional 89,224 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

FHLC opened at $68.07 on Friday. The stock’s 50 day moving average price is $69.07 and its 200-day moving average price is $69.47. Fidelity MSCI Health Care Index ETF has a 52-week low of $64.72 and a 52-week high of $74.48. The stock has a market capitalization of $2.72 billion, a PE ratio of 28.31 and a beta of 0.71.

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.