Fidelity MSCI Real Estate Index ETF $FREL Shares Bought by Truefg LLC

Truefg LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 665,978 shares of the company’s stock after acquiring an additional 24,540 shares during the period. Fidelity MSCI Real Estate Index ETF comprises about 4.8% of Truefg LLC’s holdings, making the stock its 7th biggest holding. Truefg LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $17,908,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Lido Advisors LLC raised its position in Fidelity MSCI Real Estate Index ETF by 9.3% during the third quarter. Lido Advisors LLC now owns 1,334,794 shares of the company’s stock worth $37,121,000 after acquiring an additional 113,386 shares during the period. AE Wealth Management LLC raised its position in Fidelity MSCI Real Estate Index ETF by 18.9% during the third quarter. AE Wealth Management LLC now owns 1,234,225 shares of the company’s stock worth $34,324,000 after acquiring an additional 196,350 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 81.6% in the third quarter. Envestnet Asset Management Inc. now owns 966,894 shares of the company’s stock valued at $26,889,000 after buying an additional 434,332 shares during the last quarter. Citizens & Northern Corp raised its position in shares of Fidelity MSCI Real Estate Index ETF by 0.3% in the third quarter. Citizens & Northern Corp now owns 822,330 shares of the company’s stock valued at $22,869,000 after buying an additional 2,319 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 82.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 761,510 shares of the company’s stock valued at $21,178,000 after buying an additional 344,617 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 1.8%

Shares of NYSEARCA FREL opened at $27.96 on Thursday. The firm has a 50-day simple moving average of $27.97 and a 200-day simple moving average of $27.56. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 34.96 and a beta of 1.03. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.35 and a 52 week high of $29.21.

Fidelity MSCI Real Estate Index ETF Profile

The Fidelity MSCI Real Estate Index ETF (FREL) is an exchange-traded fund that is based on the MSCI US IMI\u002FReal Estate 25-25 index. The fund tracks a cap-weighted index of US REIT and real estate companies across the entire market-cap spectrum. FREL was launched on Feb 2, 2015 and is managed by Fidelity.