Waterway Wealth Management LLC Sells 33,177 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Waterway Wealth Management LLC decreased its stake in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 20.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,227 shares of the company’s stock after selling 33,177 shares during the period. Fidelity MSCI Health Care Index ETF accounts for 3.6% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Waterway Wealth Management LLC owned about 0.28% of Fidelity MSCI Health Care Index ETF worth $8,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. JFS Wealth Advisors LLC purchased a new position in Fidelity MSCI Health Care Index ETF during the 4th quarter worth approximately $25,000. Asset Planning Inc purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth approximately $27,000. FSA Wealth Management LLC purchased a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter worth approximately $38,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Fidelity MSCI Health Care Index ETF in the 4th quarter valued at $41,000. Finally, Global Retirement Partners LLC raised its position in Fidelity MSCI Health Care Index ETF by 192.2% in the 4th quarter. Global Retirement Partners LLC now owns 634 shares of the company’s stock valued at $41,000 after purchasing an additional 417 shares during the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of Fidelity MSCI Health Care Index ETF stock opened at $69.25 on Friday. The company has a market capitalization of $2.78 billion, a P/E ratio of 30.60 and a beta of 0.71. Fidelity MSCI Health Care Index ETF has a 1 year low of $64.72 and a 1 year high of $74.48. The company’s fifty day moving average is $67.98 and its two-hundred day moving average is $70.03.

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.