Waterway Wealth Management LLC Sells 33,177 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 20.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 125,227 shares of the company’s stock after selling 33,177 shares during the quarter. Fidelity MSCI Health Care Index ETF comprises approximately 3.6% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Waterway Wealth Management LLC’s holdings in Fidelity MSCI Health Care Index ETF were worth $8,184,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. grew its stake in shares of Fidelity MSCI Health Care Index ETF by 36.9% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 255,256 shares of the company’s stock valued at $16,681,000 after buying an additional 68,775 shares during the period. Weatherly Asset Management L. P. raised its position in shares of Fidelity MSCI Health Care Index ETF by 7.7% in the 4th quarter. Weatherly Asset Management L. P. now owns 253,170 shares of the company’s stock worth $16,545,000 after buying an additional 18,027 shares during the period. Buttonwood Financial Advisors Inc. grew its position in Fidelity MSCI Health Care Index ETF by 4.8% during the fourth quarter. Buttonwood Financial Advisors Inc. now owns 178,664 shares of the company’s stock valued at $11,676,000 after acquiring an additional 8,144 shares during the period. Eagle Capital Management LLC grew its position in Fidelity MSCI Health Care Index ETF by 0.6% during the fourth quarter. Eagle Capital Management LLC now owns 170,243 shares of the company’s stock valued at $11,125,000 after acquiring an additional 1,072 shares during the period. Finally, Vicus Capital raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 4.2% in the 4th quarter. Vicus Capital now owns 164,949 shares of the company’s stock worth $10,779,000 after purchasing an additional 6,702 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of NYSEARCA:FHLC opened at $69.25 on Friday. The stock has a 50-day simple moving average of $67.98 and a 200-day simple moving average of $70.03. The stock 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.

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.