Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Stock Position Lowered by Traynor Capital Management Inc.

Traynor Capital Management Inc. lessened its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 0.3% during the third quarter, Holdings Channel reports. The institutional investor owned 156,996 shares of the company’s stock after selling 476 shares during the quarter. Fidelity MSCI Health Care Index ETF makes up approximately 0.7% of Traynor Capital Management Inc.’s investment portfolio, making the stock its 21st largest position. Traynor Capital Management Inc.’s holdings in Fidelity MSCI Health Care Index ETF were worth $11,429,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.8% in the 3rd quarter. CWM LLC now owns 4,153 shares of the company’s stock worth $302,000 after acquiring an additional 716 shares during the last quarter. Creative Planning grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 3.7% in the 3rd 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. American National Bank & Trust grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 12.8% in the 3rd quarter. American National Bank & Trust now owns 3,401 shares of the company’s stock worth $248,000 after acquiring an additional 386 shares during the last quarter. American National Bank & Trust Co. VA acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 1st quarter worth $221,000. Finally, Atria Wealth Solutions Inc. grew its holdings in shares of Fidelity MSCI Health Care Index ETF by 23.4% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 94,513 shares of the company’s stock worth $6,484,000 after acquiring an additional 17,934 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Up 0.2 %

Shares of NYSEARCA FHLC opened at $70.48 on Tuesday. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 23.99 and a beta of 0.59. The stock’s fifty day simple moving average is $72.70 and its 200 day simple moving average is $70.01. Fidelity MSCI Health Care Index ETF has a 52-week low of $57.41 and a 52-week high of $74.48.

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.