Opes Wealth Management LLC Has $2.52 Million Stock Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Opes Wealth Management LLC boosted its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 8.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 94,436 shares of the company’s stock after buying an additional 7,426 shares during the quarter. Opes Wealth Management LLC owned approximately 0.23% of Fidelity MSCI Real Estate Index ETF worth $2,517,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FREL. HF Advisory Group LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 10.5% during the 4th quarter. HF Advisory Group LLC now owns 28,635 shares of the company’s stock valued at $763,000 after buying an additional 2,728 shares in the last quarter. Keel Point LLC grew its position in Fidelity MSCI Real Estate Index ETF by 59.7% during the fourth quarter. Keel Point LLC now owns 19,986 shares of the company’s stock valued at $533,000 after acquiring an additional 7,473 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth approximately $44,000. Lodestar Private Asset Management LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 4.8% in the 4th quarter. Lodestar Private Asset Management LLC now owns 57,524 shares of the company’s stock worth $1,533,000 after acquiring an additional 2,620 shares during the last quarter. Finally, Fingerlakes Wealth Management Inc. bought a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter worth approximately $213,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.1 %

NYSEARCA FREL traded up $0.02 on Thursday, hitting $23.73. The company’s stock had a trading volume of 131,903 shares, compared to its average volume of 190,329. Fidelity MSCI Real Estate Index ETF has a 52-week low of $21.24 and a 52-week high of $27.06. The firm has a market cap of $880.38 million, a P/E ratio of 26.44 and a beta of 1.02. The company’s 50-day simple moving average is $25.52 and its 200 day simple moving average is $24.83.

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.