RWA Wealth Partners LLC Lowers Holdings in Fidelity MSCI Health Care Index ETF $FHLC

RWA Wealth Partners LLC lowered its position in shares of Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) by 20.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 190,273 shares of the company’s stock after selling 48,484 shares during the period. RWA Wealth Partners LLC owned about 0.50% of Fidelity MSCI Health Care Index ETF worth $12,168,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 0.7% during the second quarter. Fifth Third Securities Inc. now owns 24,363 shares of the company’s stock worth $1,558,000 after purchasing an additional 169 shares during the period. Brookstone Capital Management lifted its stake in Fidelity MSCI Health Care Index ETF by 5.2% during the 2nd quarter. Brookstone Capital Management now owns 3,616 shares of the company’s stock valued at $231,000 after acquiring an additional 180 shares during the period. Arkadios Wealth Advisors boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 2.3% in the 1st quarter. Arkadios Wealth Advisors now owns 8,324 shares of the company’s stock valued at $569,000 after acquiring an additional 186 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Fidelity MSCI Health Care Index ETF by 3.1% in the first quarter. Focus Partners Wealth now owns 6,618 shares of the company’s stock worth $452,000 after acquiring an additional 196 shares during the period. Finally, Partnership Wealth Management LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 4.9% in the second quarter. Partnership Wealth Management LLC now owns 4,350 shares of the company’s stock worth $278,000 after acquiring an additional 202 shares during the period.

Fidelity MSCI Health Care Index ETF Trading Up 0.2%

Shares of FHLC stock opened at $70.27 on Friday. The stock has a 50 day moving average of $67.84 and a 200 day moving average of $65.15. Fidelity MSCI Health Care Index ETF has a twelve month low of $60.35 and a twelve month high of $71.82. The stock has a market cap of $2.62 billion, a P/E ratio of 21.23 and a beta of 0.67.

About Fidelity MSCI Health Care Index ETF

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.