Elevated Capital Advisors LLC Buys 14,746 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Elevated Capital Advisors LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 152.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,421 shares of the company’s stock after buying an additional 14,746 shares during the period. Elevated Capital Advisors LLC owned approximately 0.07% of Fidelity MSCI Real Estate Index ETF worth $660,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FREL. Townsquare Capital LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 7.4% during the 3rd quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock valued at $370,000 after acquiring an additional 869 shares during the last quarter. Essential Planning LLC. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 0.4% in the third quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock worth $3,729,000 after purchasing an additional 563 shares during the last quarter. Clarity Asset Management Inc. grew its position in Fidelity MSCI Real Estate Index ETF by 16.4% in the 2nd quarter. Clarity Asset Management Inc. now owns 19,200 shares of the company’s stock worth $487,000 after purchasing an additional 2,711 shares during the period. RFG Advisory LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 2.7% during the 3rd quarter. RFG Advisory LLC now owns 128,865 shares of the company’s stock valued at $3,799,000 after buying an additional 3,339 shares during the last quarter. Finally, SigFig Wealth Management LLC increased its position in Fidelity MSCI Real Estate Index ETF by 2.7% during the second quarter. SigFig Wealth Management LLC now owns 110,006 shares of the company’s stock valued at $2,787,000 after acquiring an additional 2,856 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 1.1 %

Shares of FREL stock opened at $26.26 on Tuesday. The company has a 50 day simple moving average of $28.10 and a two-hundred day simple moving average of $28.08. The stock has a market cap of $974.25 million, a P/E ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 12 month low of $23.61 and a 12 month high of $30.07.

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.