Beckerman Institutional LLC Boosts Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Beckerman Institutional LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,567 shares of the company’s stock after purchasing an additional 831 shares during the quarter. Beckerman Institutional LLC owned approximately 0.08% of Fidelity MSCI Real Estate Index ETF worth $826,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 2,144.6% in the third quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock valued at $37,000 after buying an additional 1,201 shares during the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 63.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock valued at $55,000 after purchasing an additional 787 shares during the period. Brown Brothers Harriman & Co. increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 147.7% in the third quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after purchasing an additional 1,701 shares during the period. CWM LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 62.9% in the third quarter. CWM LLC now owns 4,336 shares of the company’s stock valued at $128,000 after purchasing an additional 1,675 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the third quarter valued at approximately $206,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of FREL stock opened at $27.62 on Thursday. The business’s fifty day moving average price is $27.41 and its 200 day moving average price is $28.26. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The firm has a market capitalization of $1.02 billion, a PE ratio of 25.77 and a beta of 1.02.

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.