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

Weatherly Asset Management L. P. boosted its position in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 2.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 306,475 shares of the company’s stock after acquiring an additional 8,602 shares during the period. Fidelity MSCI Health Care Index ETF accounts for 1.7% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 18th biggest position. Weatherly Asset Management L. P.’s holdings in Fidelity MSCI Health Care Index ETF were worth $21,564,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter valued at about $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $34,000. Russell Investments Group Ltd. grew its stake in shares of Fidelity MSCI Health Care Index ETF by 1,105.1% in the third quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after purchasing an additional 431 shares during the last quarter. Advocate Investing Services LLC bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $37,000. Finally, Ameriflex Group Inc. increased its holdings 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 valued at $45,000 after purchasing an additional 287 shares during the period.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of NYSEARCA:FHLC opened at $72.22 on Friday. The stock’s 50-day moving average is $71.47 and its 200 day moving average is $72.95. The company has a market cap of $2.93 billion, a PE 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 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.