Riverpoint Wealth Management Holdings LLC Boosts Stock Holdings in Fidelity MSCI Real Estate Index ETF $FREL

Riverpoint Wealth Management Holdings LLC increased its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 5.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 555,858 shares of the company’s stock after buying an additional 30,075 shares during the period. Fidelity MSCI Real Estate Index ETF accounts for about 3.2% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 10th largest position. Riverpoint Wealth Management Holdings LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $14,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FREL. AE Wealth Management LLC raised its position in 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 valued at $43,417,000 after purchasing an additional 380,393 shares in the last quarter. Truefg LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 3.8% in the 4th quarter. Truefg LLC now owns 665,978 shares of the company’s stock worth $17,908,000 after buying an additional 24,540 shares during the period. Marotta Asset Management grew its position 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 buying an additional 33,287 shares in the last quarter. Citizens & Northern Corp grew its position in shares of Fidelity MSCI Real Estate Index ETF by 32.2% during the 4th quarter. Citizens & Northern Corp now owns 1,087,071 shares of the company’s stock worth $29,231,000 after buying an additional 264,741 shares in the last quarter. Finally, Payne Capital Management LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 6.5% during the fourth quarter. Payne Capital Management LLC now owns 297,826 shares of the company’s stock valued at $8,009,000 after buying an additional 18,192 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Up 0.5%

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $29.71 on Tuesday. The stock’s fifty day moving average price is $29.34 and its 200-day moving average price is $28.43. The firm has a market cap of $1.48 billion, a P/E ratio of 34.96 and a beta of 0.98. Fidelity MSCI Real Estate Index ETF has a 12 month low of $26.37 and a 12 month high of $30.13.

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.