Diversify Advisory Services LLC Has $1.23 Million Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Diversify Advisory Services LLC cut its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 39.0% in the third quarter, HoldingsChannel reports. The fund owned 42,321 shares of the company’s stock after selling 27,027 shares during the period. Diversify Advisory Services LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,226,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. raised its position in Fidelity MSCI Real Estate Index ETF by 5.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 26,412 shares of the company’s stock worth $779,000 after purchasing an additional 1,475 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the third quarter worth $285,000. Raymond James & Associates lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 1.0% during the third quarter. Raymond James & Associates now owns 103,792 shares of the company’s stock valued at $3,060,000 after acquiring an additional 996 shares during the period. RFG Advisory LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF by 2.7% in the third quarter. RFG Advisory LLC now owns 128,865 shares of the company’s stock valued at $3,799,000 after acquiring an additional 3,339 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in Fidelity MSCI Real Estate Index ETF by 15.4% in the third quarter. Global Retirement Partners LLC now owns 17,453 shares of the company’s stock worth $515,000 after purchasing an additional 2,327 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Down 0.8 %

Shares of NYSEARCA:FREL opened at $28.86 on Wednesday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $30.07. The stock has a market capitalization of $1.07 billion, a P/E ratio of 25.77 and a beta of 1.02. The business has a 50-day moving average price of $29.03 and a two-hundred day moving average price of $26.79.

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.