Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 25.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 148,275 shares of the company’s stock after acquiring an additional 29,610 shares during the period. Diversify Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $4,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in FREL. Lynch & Associates IN increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 3.9% in the 3rd quarter. Lynch & Associates IN now owns 11,504 shares of the company’s stock worth $339,000 after acquiring an additional 433 shares during the period. Palisades Hudson Asset Management L.P. raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.8% in the 2nd quarter. Palisades Hudson Asset Management L.P. now owns 56,951 shares of the company’s stock worth $1,443,000 after buying an additional 479 shares in the last quarter. PFG Advisors grew its holdings in Fidelity MSCI Real Estate Index ETF by 9.2% during the first quarter. PFG Advisors now owns 9,177 shares of the company’s stock worth $239,000 after acquiring an additional 775 shares during the period. First National Corp MA ADV boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 1.7% during the 3rd quarter. First National Corp MA ADV now owns 52,934 shares of the company’s stock valued at $1,560,000 after purchasing an additional 869 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Fidelity MSCI Real Estate Index ETF by 1.0% during the third quarter. Raymond James & Associates now owns 103,792 shares of the company’s stock valued at $3,060,000 after purchasing an additional 996 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of NYSEARCA:FREL traded up $0.21 during midday trading on Wednesday, reaching $29.07. The company had a trading volume of 127,913 shares, compared to its average volume of 179,709. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.53 and a 1-year high of $30.07. The company has a fifty day simple moving average of $29.05 and a two-hundred day simple moving average of $26.82. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02.

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.