Blue Trust Inc. Sells 79,706 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Blue Trust Inc. decreased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 68.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,559 shares of the company’s stock after selling 79,706 shares during the quarter. Blue Trust Inc. owned about 0.10% of Fidelity MSCI Real Estate Index ETF worth $954,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwest Financial Advisors bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at approximately $26,000. BOK Financial Private Wealth Inc. bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $44,000. Fortitude Family Office LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $54,000. Principal Securities Inc. bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $64,000. Finally, Aspect Partners LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $176,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.3 %

Fidelity MSCI Real Estate Index ETF stock traded up $0.07 during trading on Friday, hitting $25.27. 217,452 shares of the company were exchanged, compared to its average volume of 179,103. The company has a market capitalization of $937.52 million, a P/E ratio of 25.77 and a beta of 1.02. The business’s 50 day moving average is $25.01 and its 200 day moving average is $25.41. Fidelity MSCI Real Estate Index ETF has a 52 week low of $21.24 and a 52 week high of $27.06.

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.