RFG Advisory LLC Purchases 17,173 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

RFG Advisory LLC boosted its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 15.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,526 shares of the company’s stock after acquiring an additional 17,173 shares during the period. RFG Advisory LLC owned 0.34% of Fidelity MSCI Real Estate Index ETF worth $3,181,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FREL. Northwest Financial Advisors bought a new stake in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at $26,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at $44,000. Principal Securities Inc. bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at $64,000. CWM LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 388.3% during the 2nd quarter. CWM LLC now owns 2,661 shares of the company’s stock valued at $67,000 after buying an additional 2,116 shares in the last quarter. Finally, Aspect Partners LLC bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at $176,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL traded down $0.27 during trading hours on Monday, hitting $27.25. The company had a trading volume of 120,806 shares, compared to its average volume of 185,248. The firm has a fifty day moving average price of $26.01 and a 200-day moving average price of $25.50. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 52-week low of $21.24 and a 52-week high of $27.85.

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.