Regal Investment Advisors LLC Trims Stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Regal Investment Advisors LLC trimmed its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 10.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,150 shares of the company’s stock after selling 463 shares during the quarter. Regal Investment Advisors LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $271,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Fidelity MSCI Health Care Index ETF during the third quarter worth $1,792,000. Fifth Third Bancorp lifted its stake in shares of Fidelity MSCI Health Care Index ETF by 17.8% during the 4th quarter. Fifth Third Bancorp now owns 1,691 shares of the company’s stock worth $111,000 after purchasing an additional 255 shares during the last quarter. Franklin Resources Inc. boosted its position in Fidelity MSCI Health Care Index ETF by 16.4% during the third quarter. Franklin Resources Inc. now owns 3,191 shares of the company’s stock valued at $233,000 after purchasing an additional 449 shares in the last quarter. Mutual Advisors LLC grew its stake in Fidelity MSCI Health Care Index ETF by 16.3% in the fourth quarter. Mutual Advisors LLC now owns 7,299 shares of the company’s stock valued at $490,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Fidelity MSCI Health Care Index ETF by 131.7% in the fourth quarter. Allworth Financial LP now owns 2,060 shares of the company’s stock worth $140,000 after purchasing an additional 1,171 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

FHLC stock opened at $63.45 on Friday. The firm has a 50-day simple moving average of $67.59 and a two-hundred day simple moving average of $68.51. Fidelity MSCI Health Care Index ETF has a one year low of $60.39 and a one year high of $74.48. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 28.06 and a beta of 0.74.

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.