Sector Update: Health Care

Health care stocks were advancing late Friday afternoon, with the NYSE Health Care Index rising 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.3%.

The iShares Biotechnology ETF (IBB) decreased 0.2%.

In corporate news, UnitedHealth UNH Chief Executive Andrew Witty will appear before the House Energy and Commerce Committee on May 1 to testify about the cyberattack on the company's Change Healthcare unit, the committee said Friday in a statement. UnitedHealth shares were rising 1.6%.