Waterway Wealth Management LLC Sells 934 Shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC)

Waterway Wealth Management LLC reduced its holdings in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 158,404 shares of the company’s stock after selling 934 shares during the period. Fidelity MSCI Health Care Index ETF accounts for about 5.0% of Waterway Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Waterway Wealth Management LLC owned about 0.35% of Fidelity MSCI Health Care Index ETF worth $11,531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Ocean LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF in the 2nd quarter valued at about $28,000. Sound Income Strategies LLC grew its position in shares of Fidelity MSCI Health Care Index ETF by 4,727.3% in the 1st quarter. Sound Income Strategies LLC now owns 531 shares of the company’s stock valued at $37,000 after acquiring an additional 520 shares during the period. Gradient Investments LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF in the 2nd quarter valued at about $46,000. International Assets Investment Management LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF in the 2nd quarter valued at about $127,000. Finally, Koshinski Asset Management Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF in the 1st quarter valued at about $201,000.

Fidelity MSCI Health Care Index ETF Price Performance

Shares of FHLC opened at $71.71 on Tuesday. The company has a market cap of $3.23 billion, a PE ratio of 23.99 and a beta of 0.59. The firm has a 50-day moving average of $72.81 and a 200-day moving average of $69.89. Fidelity MSCI Health Care Index ETF has a one year low of $57.32 and a one year high of $74.48.

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.