Riverpoint Wealth Management Holdings LLC Has $14.14 Million Stock Position in Fidelity MSCI Real Estate Index ETF $FREL

Riverpoint Wealth Management Holdings LLC raised its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 5.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 525,783 shares of the company’s stock after acquiring an additional 27,878 shares during the period. Fidelity MSCI Real Estate Index ETF makes up about 3.0% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 10th biggest holding. Riverpoint Wealth Management Holdings LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $14,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Truefg LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 6.3% during the 3rd quarter. Truefg LLC now owns 641,438 shares of the company’s stock worth $17,838,000 after purchasing an additional 38,022 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 30.8% during the 4th quarter. AE Wealth Management LLC now owns 1,614,618 shares of the company’s stock worth $43,417,000 after purchasing an additional 380,393 shares in the last quarter. Marotta Asset Management grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 18.1% during the 4th quarter. Marotta Asset Management now owns 217,461 shares of the company’s stock worth $5,848,000 after purchasing an additional 33,287 shares in the last quarter. PFG Advisors acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 3rd quarter worth $514,000. Finally, Fifth Third Securities Inc. grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 197.1% during the 4th quarter. Fifth Third Securities Inc. now owns 63,040 shares of the company’s stock worth $1,695,000 after purchasing an additional 41,825 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL opened at $29.07 on Friday. The firm has a market cap of $1.44 billion, a P/E ratio of 34.96 and a beta of 1.00. Fidelity MSCI Real Estate Index ETF has a 52-week low of $26.37 and a 52-week high of $29.67. The business’s fifty day moving average is $28.43 and its 200-day moving average is $27.94.

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.