Marotta Asset Management Raises Stock Holdings in Fidelity MSCI Health Care Index ETF $FHLC

Marotta Asset Management grew its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 8.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 167,439 shares of the company’s stock after acquiring an additional 13,592 shares during the quarter. Fidelity MSCI Health Care Index ETF comprises approximately 2.2% of Marotta Asset Management’s holdings, making the stock its 14th largest holding. Marotta Asset Management owned 0.42% of Fidelity MSCI Health Care Index ETF worth $11,873,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in Fidelity MSCI Health Care Index ETF by 42.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,739,003 shares of the company’s stock valued at $203,453,000 after purchasing an additional 820,771 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Fidelity MSCI Health Care Index ETF by 5,460.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock worth $17,845,000 after buying an additional 262,069 shares in the last quarter. Lido Advisors LLC grew its stake in shares of Fidelity MSCI Health Care Index ETF by 7.4% in the 3rd quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock worth $136,167,000 after buying an additional 141,132 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Fidelity MSCI Health Care Index ETF by 1,276.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 110,807 shares of the company’s stock worth $7,570,000 after buying an additional 102,757 shares during the last quarter. Finally, Q3 Asset Management bought a new stake in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter worth about $6,304,000.

Fidelity MSCI Health Care Index ETF Trading Up 2.5%

Shares of NYSEARCA FHLC opened at $79.67 on Friday. Fidelity MSCI Health Care Index ETF has a 12-month low of $61.11 and a 12-month high of $79.74. The firm’s 50-day moving average price is $72.39 and its 200-day moving average price is $73.10. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 21.23 and a beta of 0.60.

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.