Weatherly Asset Management L. P. Acquires 18,027 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Weatherly Asset Management L. P. grew its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 7.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 253,170 shares of the company’s stock after buying an additional 18,027 shares during the quarter. Fidelity MSCI Health Care Index ETF makes up approximately 1.5% of Weatherly Asset Management L. P.’s portfolio, making the stock its 19th biggest position. Weatherly Asset Management L. P.’s holdings in Fidelity MSCI Health Care Index ETF were worth $16,545,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Pallas Capital Advisors LLC grew its stake in Fidelity MSCI Health Care Index ETF by 5.0% in the 3rd quarter. Pallas Capital Advisors LLC now owns 3,253 shares of the company’s stock worth $230,000 after buying an additional 156 shares in the last quarter. MAI Capital Management boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 1.2% in the 3rd quarter. MAI Capital Management now owns 15,110 shares of the company’s stock valued at $1,100,000 after purchasing an additional 177 shares in the last quarter. Avior Wealth Management LLC boosted its position in Fidelity MSCI Health Care Index ETF by 2.5% during the 4th quarter. Avior Wealth Management LLC now owns 7,279 shares of the company’s stock valued at $476,000 after buying an additional 177 shares during the period. Stratos Wealth Advisors LLC boosted its position in Fidelity MSCI Health Care Index ETF by 1.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 12,059 shares of the company’s stock valued at $878,000 after buying an additional 182 shares during the period. Finally, World Investment Advisors LLC boosted its position in Fidelity MSCI Health Care Index ETF by 2.5% during the 3rd quarter. World Investment Advisors LLC now owns 7,768 shares of the company’s stock valued at $565,000 after buying an additional 192 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 0.2 %

Shares of FHLC opened at $69.34 on Tuesday. Fidelity MSCI Health Care Index ETF has a twelve month low of $64.72 and a twelve month high of $74.48. The stock has a market capitalization of $3.12 billion, a P/E ratio of 23.99 and a beta of 0.59. The firm has a fifty day simple moving average of $67.59 and a two-hundred day simple moving average of $70.14.

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.