Truefg LLC increased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Free Report) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 563,565 shares of the company’s stock after acquiring an additional 15,103 shares during the quarter. Fidelity MSCI Real Estate Index ETF comprises approximately 5.0% of Truefg LLC’s portfolio, making the stock its 7th biggest position. Truefg LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $15,228,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FREL. Asset Management Group Inc. raised its holdings in Fidelity MSCI Real Estate Index ETF by 0.6% in the third quarter. Asset Management Group Inc. now owns 72,384 shares of the company’s stock worth $2,134,000 after purchasing an additional 401 shares in the last quarter. Lynch & Associates IN raised its holdings in Fidelity MSCI Real Estate Index ETF by 3.9% in the third quarter. Lynch & Associates IN now owns 11,504 shares of the company’s stock worth $339,000 after purchasing an additional 433 shares in the last quarter. HF Advisory Group LLC raised its holdings in Fidelity MSCI Real Estate Index ETF by 1.2% in the third quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock worth $1,124,000 after purchasing an additional 437 shares in the last quarter. Opes Wealth Management LLC raised its holdings in Fidelity MSCI Real Estate Index ETF by 0.5% in the third quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock worth $3,094,000 after purchasing an additional 511 shares in the last quarter. Finally, Essential Planning LLC. raised its holdings in Fidelity MSCI Real Estate Index ETF by 0.4% in the third quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock worth $3,729,000 after purchasing an additional 563 shares in the last quarter.
Fidelity MSCI Real Estate Index ETF Price Performance
Shares of NYSEARCA:FREL opened at $27.19 on Friday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The business has a fifty day moving average price of $27.99 and a 200-day moving average price of $28.07. The company has a market capitalization of $1.01 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.
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