Balanced Wealth Group LLC Buys 1,160 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Balanced Wealth Group LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,118 shares of the company’s stock after purchasing an additional 1,160 shares during the quarter. Balanced Wealth Group LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $717,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. OneDigital Investment Advisors LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 9.7% during the third quarter. OneDigital Investment Advisors LLC now owns 14,532 shares of the company’s stock worth $428,000 after purchasing an additional 1,286 shares in the last quarter. Black Diamond Financial LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 10.9% in the 3rd quarter. Black Diamond Financial LLC now owns 481,947 shares of the company’s stock valued at $14,253,000 after buying an additional 47,474 shares during the last quarter. Birchcreek Wealth Management LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 1.7% during the 3rd quarter. Birchcreek Wealth Management LLC now owns 34,105 shares of the company’s stock worth $1,005,000 after purchasing an additional 578 shares during the last quarter. Essential Planning LLC. increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.4% during 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 during the last quarter. Finally, MB Generational Wealth LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the 3rd quarter worth about $218,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL stock opened at $27.32 on Thursday. The company has a market capitalization of $999.91 million, a price-to-earnings ratio of 33.99 and a beta of 1.07. The company has a 50-day simple moving average of $27.51 and a 200 day simple moving average of $28.32. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week high of $30.07.

Fidelity MSCI Real Estate Index ETF Company 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.