Beckerman Institutional LLC Buys Shares of 29,736 Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Beckerman Institutional LLC purchased a new position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the third quarter, Holdings Channel reports. The fund purchased 29,736 shares of the company’s stock, valued at approximately $877,000.

Several other institutional investors have also made changes to their positions in FREL. HF Advisory Group LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 1.2% in the 3rd quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock valued at $1,124,000 after buying an additional 437 shares during the period. Palisades Hudson Asset Management L.P. increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 4.2% in the third quarter. Palisades Hudson Asset Management L.P. now owns 59,322 shares of the company’s stock worth $1,749,000 after acquiring an additional 2,371 shares during the last quarter. Opes Wealth Management LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 0.5% during the third quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock worth $3,094,000 after acquiring an additional 511 shares in the last quarter. Diversify Wealth Management LLC boosted its position in Fidelity MSCI Real Estate Index ETF by 25.0% during the third quarter. Diversify Wealth Management LLC now owns 148,275 shares of the company’s stock valued at $4,330,000 after purchasing an additional 29,610 shares during the last quarter. Finally, Lodestar Private Asset Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 4.1% in the third quarter. Lodestar Private Asset Management LLC now owns 65,512 shares of the company’s stock valued at $1,931,000 after purchasing an additional 2,579 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

FREL opened at $29.05 on Friday. The company has a market capitalization of $1.08 billion, a PE ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $22.41 and a fifty-two week high of $30.07. The business has a 50-day moving average of $29.08 and a 200-day moving average of $27.04.

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.