HF Advisory Group LLC Boosts Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

HF Advisory Group LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,081 shares of the company’s stock after buying an additional 2,964 shares during the quarter. HF Advisory Group LLC owned about 0.11% of Fidelity MSCI Real Estate Index ETF worth $1,110,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. AE Wealth Management LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 29.4% in the 2nd quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock worth $15,838,000 after purchasing an additional 141,975 shares in the last quarter. Truefg LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF by 2.8% in the fourth quarter. Truefg LLC now owns 563,565 shares of the company’s stock worth $15,228,000 after acquiring an additional 15,103 shares in the last quarter. Black Diamond Financial LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 10.9% during the third quarter. Black Diamond Financial LLC now owns 481,947 shares of the company’s stock worth $14,253,000 after acquiring an additional 47,474 shares during the last quarter. Riverpoint Wealth Management Holdings LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 4.8% during the third quarter. Riverpoint Wealth Management Holdings LLC now owns 427,240 shares of the company’s stock valued at $12,595,000 after acquiring an additional 19,698 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 10.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 305,221 shares of the company’s stock valued at $7,734,000 after purchasing an additional 28,552 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $27.19 on Friday. The firm’s 50 day simple moving average is $27.95 and its two-hundred day simple moving average is $28.11. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.61 and a 12-month high of $30.07.

About Fidelity MSCI Real Estate Index ETF

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.