HF Advisory Group LLC Raises Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

HF Advisory Group LLC increased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,117 shares of the company’s stock after purchasing an additional 437 shares during the period. HF Advisory Group LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,124,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FREL. AE Wealth Management LLC increased its position in Fidelity MSCI Real Estate Index ETF by 29.4% during the second quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock worth $15,838,000 after purchasing an additional 141,975 shares during the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth $3,177,000. Citizens & Northern Corp raised its position in shares of Fidelity MSCI Real Estate Index ETF by 16.9% in the 2nd quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock worth $19,373,000 after buying an additional 110,801 shares during the period. Black Diamond Financial LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF by 31.0% in the second quarter. Black Diamond Financial LLC now owns 434,473 shares of the company’s stock valued at $11,010,000 after acquiring an additional 102,865 shares during the last quarter. Finally, Riverpoint Wealth Management Holdings LLC grew its position in Fidelity MSCI Real Estate Index ETF by 13.3% during the second quarter. Riverpoint Wealth Management Holdings LLC now owns 407,542 shares of the company’s stock valued at $10,327,000 after acquiring an additional 47,741 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA FREL opened at $28.87 on Wednesday. The business’s 50-day simple moving average is $29.07 and its 200-day simple moving average is $26.98. The firm has a market capitalization of $1.07 billion, a P/E ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 1-year low of $22.41 and a 1-year 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.