Weatherly Asset Management L. P. Raises Position in Fidelity MSCI Health Care Index ETF $FHLC

Weatherly Asset Management L. P. boosted its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 306,475 shares of the company’s stock after purchasing an additional 8,602 shares during the period. Fidelity MSCI Health Care Index ETF makes up 1.7% of Weatherly Asset Management L. P.’s portfolio, making the stock its 18th largest position. Weatherly Asset Management L. P. owned 0.77% of Fidelity MSCI Health Care Index ETF worth $21,564,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Franklin Resources Inc. purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $26,000. Russell Investments Group Ltd. boosted its holdings in Fidelity MSCI Health Care Index ETF by 1,105.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock valued at $31,000 after acquiring an additional 431 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $34,000. Advocate Investing Services LLC purchased a new stake in Fidelity MSCI Health Care Index ETF during the 4th quarter valued at about $37,000. Finally, Ameriflex Group Inc. grew its position in Fidelity MSCI Health Care Index ETF by 75.3% during the 3rd quarter. Ameriflex Group Inc. now owns 668 shares of the company’s stock worth $45,000 after acquiring an additional 287 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

FHLC opened at $72.22 on Friday. The stock’s 50 day simple moving average is $71.47 and its 200 day simple moving average is $72.95. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 21.23 and a beta of 0.61. Fidelity MSCI Health Care Index ETF has a 1 year low of $61.11 and a 1 year high of $77.10.

Fidelity MSCI Health Care Index ETF Company 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.