Marotta Asset Management Purchases 13,592 Shares of Fidelity MSCI Health Care Index ETF $FHLC

Marotta Asset Management boosted its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 8.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 167,439 shares of the company’s stock after purchasing an additional 13,592 shares during the quarter. Fidelity MSCI Health Care Index ETF comprises about 2.2% of Marotta Asset Management’s portfolio, making the stock its 14th biggest position. Marotta Asset Management’s holdings in Fidelity MSCI Health Care Index ETF were worth $11,873,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FHLC. Franklin Resources Inc. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter worth $26,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the fourth quarter valued at about $34,000. Russell Investments Group Ltd. raised its holdings 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 valued at $31,000 after acquiring an additional 431 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in Fidelity MSCI Health Care Index ETF in the fourth quarter worth about $37,000. Finally, Ameriflex Group Inc. grew 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 worth $45,000 after acquiring an additional 287 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

NYSEARCA FHLC opened at $79.67 on Friday. Fidelity MSCI Health Care Index ETF has a one year low of $61.11 and a one year high of $79.74. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 21.23 and a beta of 0.60. The company’s 50-day simple moving average is $72.39 and its two-hundred day simple moving average is $73.10.

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.