Schoolcraft Capital LLC Acquires 1,256 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Schoolcraft Capital LLC boosted its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,387 shares of the company’s stock after acquiring an additional 1,256 shares during the period. Fidelity MSCI Real Estate Index ETF accounts for 0.7% of Schoolcraft Capital LLC’s portfolio, making the stock its 21st largest position. Schoolcraft Capital LLC owned 0.31% of Fidelity MSCI Real Estate Index ETF worth $3,010,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Northwest Financial Advisors acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth about $26,000. BOK Financial Private Wealth Inc. bought a new stake in Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at approximately $44,000. Fortitude Family Office LLC bought a new stake in Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at approximately $54,000. Principal Securities Inc. bought a new stake in Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at approximately $64,000. Finally, Aspect Partners LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $176,000.

Fidelity MSCI Real Estate Index ETF Trading Down 0.4 %

Shares of NYSEARCA:FREL traded down $0.09 during trading on Wednesday, hitting $24.85. 95,124 shares of the company were exchanged, compared to its average volume of 176,942. The stock has a market cap of $921.94 million, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $21.24 and a fifty-two week high of $27.06. The firm has a fifty day moving average price of $24.83 and a two-hundred day moving average price of $25.45.

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.