Venturi Wealth Management LLC Sells 468 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Venturi Wealth Management LLC lessened its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,829 shares of the company’s stock after selling 468 shares during the period. Venturi Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $374,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Asset Management Group Inc. lifted its position in shares of 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 valued at $2,134,000 after buying an additional 401 shares during the last quarter. HF Advisory Group LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 1.2% in the 3rd quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock valued at $1,124,000 after acquiring an additional 437 shares during the period. Opes Wealth Management LLC lifted its holdings 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 valued at $3,094,000 after purchasing an additional 511 shares during the last quarter. Principal Securities Inc. boosted its position in Fidelity MSCI Real Estate Index ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock worth $134,000 after purchasing an additional 527 shares during the period. Finally, Essential Planning LLC. boosted its position in Fidelity MSCI Real Estate Index ETF by 0.4% during 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 during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 0.4 %

NYSEARCA FREL opened at $28.04 on Friday. The firm has a market cap of $1.04 billion, a P/E ratio of 25.77 and a beta of 1.02. The company’s 50 day moving average is $27.30 and its 200-day moving average is $28.28. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.61 and a 12-month high of $30.07.

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.