Kestra Investment Management LLC Acquires New Shares in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Kestra Investment Management LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,170 shares of the company’s stock, valued at approximately $32,000.

Several other large investors have also added to or reduced their stakes in the stock. Larson Financial Group LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 2,144.6% during 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 period. Capital Investment Advisory Services LLC increased its holdings in Fidelity MSCI Real Estate Index ETF by 63.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock worth $55,000 after acquiring an additional 787 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Fidelity MSCI Real Estate Index ETF by 147.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock worth $84,000 after purchasing an additional 1,701 shares in the last quarter. Principal Securities Inc. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 11.9% in the 4th quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock valued at $134,000 after purchasing an additional 527 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the 3rd quarter valued at $206,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

Fidelity MSCI Real Estate Index ETF stock opened at $27.76 on Friday. The stock has a market cap of $1.03 billion, a P/E ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.61 and a fifty-two week high of $30.07. The firm’s fifty day moving average price is $27.28 and its 200-day moving average price is $28.29.

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.