Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Shares Purchased by Marotta Asset Management

Marotta Asset Management raised its stake in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 62.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,272 shares of the company’s stock after buying an additional 25,088 shares during the quarter. Marotta Asset Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $4,271,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FHLC. FSA Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth about $38,000. US Bancorp DE acquired a new stake in Fidelity MSCI Health Care Index ETF during the 3rd quarter valued at $55,000. Sweeney & Michel LLC acquired a new position in Fidelity MSCI Health Care Index ETF in the 3rd quarter worth $200,000. Pallas Capital Advisors LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF by 5.0% during the third quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock valued at $230,000 after acquiring an additional 156 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth about $231,000.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC traded down $0.32 during trading on Friday, hitting $66.57. The company’s stock had a trading volume of 27,590 shares, compared to its average volume of 130,663. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $64.72 and a fifty-two week high of $74.48. The stock’s 50-day moving average price is $68.00 and its two-hundred day moving average price is $70.22. The company has a market capitalization of $3.00 billion, a PE ratio of 23.99 and a beta of 0.59.

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.