MAI Capital Management Sells 820 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

MAI Capital Management trimmed its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 0.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 342,835 shares of the company’s stock after selling 820 shares during the period. MAI Capital Management’s holdings in Fidelity MSCI Real Estate Index ETF were worth $10,107,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FREL. Cetera Investment Advisers increased its holdings in Fidelity MSCI Real Estate Index ETF by 79.3% during the 1st quarter. Cetera Investment Advisers now owns 60,352 shares of the company’s stock valued at $1,575,000 after purchasing an additional 26,687 shares during the period. Essential Planning LLC. increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.4% during the third quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock valued at $3,729,000 after buying an additional 563 shares during the period. Cetera Advisors LLC bought a new position in shares of Fidelity MSCI Real Estate Index ETF during the first quarter valued at approximately $260,000. Atria Investments Inc lifted its stake in Fidelity MSCI Real Estate Index ETF by 5.2% in the first quarter. Atria Investments Inc now owns 58,749 shares of the company’s stock worth $1,533,000 after acquiring an additional 2,881 shares during the period. Finally, Lynch & Associates IN boosted its holdings in Fidelity MSCI Real Estate Index ETF by 5.7% in the second quarter. Lynch & Associates IN now owns 11,071 shares of the company’s stock valued at $281,000 after acquiring an additional 599 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.7 %

Shares of NYSEARCA FREL opened at $28.61 on Tuesday. The firm has a fifty day simple moving average of $29.06 and a two-hundred day simple moving average of $27.23. Fidelity MSCI Real Estate Index ETF has a 12 month low of $23.58 and a 12 month high of $30.07. The firm has a market capitalization of $1.06 billion, a PE ratio of 25.77 and a beta of 1.02.

Fidelity MSCI Real Estate Index ETF 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.