PKS Advisory Services LLC Purchases New Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

PKS Advisory Services LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 36,412 shares of the company’s stock, valued at approximately $984,000. PKS Advisory Services LLC owned about 0.10% of Fidelity MSCI Real Estate Index ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FREL. Kestra Investment Management LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at approximately $32,000. Larson Financial Group LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 2,144.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock worth $37,000 after acquiring an additional 1,201 shares during the last quarter. Capital Investment Advisory Services LLC lifted 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 buying an additional 787 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 147.7% in the third quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after acquiring an additional 1,701 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 16.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock worth $89,000 after buying an additional 479 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 1.4 %

NYSEARCA:FREL opened at $27.50 on Tuesday. Fidelity MSCI Real Estate Index ETF has a twelve month low of $23.61 and a twelve month high of $30.07. The company has a fifty day moving average of $27.64 and a 200-day moving average of $28.25. The firm has a market capitalization of $1.01 billion, a P/E ratio of 31.68 and a beta of 1.08.

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.