Wescott Financial Advisory Group LLC Takes Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Wescott Financial Advisory Group LLC bought a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,033 shares of the company’s stock, valued at approximately $635,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FREL. Capital Wealth Management LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 26.8% in the first quarter. Capital Wealth Management LLC now owns 100,592 shares of the company’s stock valued at $2,765,000 after purchasing an additional 21,276 shares in the last quarter. FMA Advisory Inc. purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the first quarter worth approximately $205,000. The PNC Financial Services Group Inc. raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 5.9% during the first quarter. The PNC Financial Services Group Inc. now owns 16,828,592 shares of the company’s stock worth $462,617,000 after acquiring an additional 936,170 shares in the last quarter. Sowell Financial Services LLC raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 111.6% during the first quarter. Sowell Financial Services LLC now owns 33,859 shares of the company’s stock worth $985,000 after acquiring an additional 17,857 shares in the last quarter. Finally, Mariner LLC raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 42.8% during the first quarter. Mariner LLC now owns 109,948 shares of the company’s stock worth $3,022,000 after acquiring an additional 32,954 shares in the last quarter.

Shares of FREL stock traded up $0.18 during trading hours on Wednesday, hitting $32.07. 10,294 shares of the company’s stock were exchanged, compared to its average volume of 340,703. Fidelity MSCI Real Estate Index ETF has a 12-month low of $22.44 and a 12-month high of $33.13. The business’s 50 day simple moving average is $31.82 and its 200-day simple moving average is $30.00.

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Institutional Ownership by Quarter for Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

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