Opes Wealth Management LLC Has $2.65 Million Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Opes Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,445 shares of the company’s stock after purchasing an additional 1,591 shares during the period. Opes Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,647,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FREL. Citizens & Northern Corp increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 16.9% in the second quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock valued at $19,373,000 after buying an additional 110,801 shares in the last quarter. Truefg LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 1.6% during the first quarter. Truefg LLC now owns 526,902 shares of the company’s stock valued at $13,747,000 after purchasing an additional 8,304 shares during the last quarter. Riverpoint Wealth Management Holdings LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 13.3% in the second quarter. Riverpoint Wealth Management Holdings LLC now owns 407,542 shares of the company’s stock valued at $10,327,000 after purchasing an additional 47,741 shares in the last quarter. Avantax Advisory Services Inc. raised its position in Fidelity MSCI Real Estate Index ETF by 5.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 335,751 shares of the company’s stock worth $8,760,000 after purchasing an additional 18,800 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 11.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 221,128 shares of the company’s stock worth $5,603,000 after buying an additional 23,391 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL opened at $28.72 on Friday. The business’s fifty day moving average price is $27.17 and its two-hundred day moving average price is $25.87. The firm has a market capitalization of $1.07 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 $29.10.

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.