Lodestar Private Asset Management LLC Buys 834 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Lodestar Private Asset Management LLC raised its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 66,346 shares of the company’s stock after acquiring an additional 834 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,793,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FREL. Asset Management Group Inc. increased its position in Fidelity MSCI Real Estate Index ETF by 0.6% during the 3rd quarter. Asset Management Group Inc. now owns 72,384 shares of the company’s stock worth $2,134,000 after buying an additional 401 shares during the period. Lynch & Associates IN grew its stake in shares of 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 valued at $339,000 after acquiring an additional 433 shares in the last quarter. HF Advisory Group LLC increased its position in Fidelity MSCI Real Estate Index ETF by 1.2% during the third quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock worth $1,124,000 after acquiring an additional 437 shares during the period. Opes Wealth Management LLC increased its position in Fidelity MSCI Real Estate Index ETF by 0.5% during the third quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock worth $3,094,000 after acquiring an additional 511 shares during the period. Finally, Essential Planning LLC. raised its stake in Fidelity MSCI Real Estate Index ETF by 0.4% in the 3rd 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 Stock Up 0.3 %

Shares of NYSEARCA:FREL opened at $27.84 on Friday. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.61 and a 12-month high of $30.07. The company’s 50 day moving average price is $27.57 and its two-hundred day moving average price is $28.23. The firm has a market cap of $1.03 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.