Foster & Motley Inc. Has $290,000 Stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Foster & Motley Inc. decreased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 25.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,826 shares of the company’s stock after selling 3,386 shares during the period. Foster & Motley Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $290,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in FREL. HF Advisory Group LLC grew its stake in shares of 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 in the last quarter. Palisades Hudson Asset Management L.P. grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 4.2% in the 3rd quarter. Palisades Hudson Asset Management L.P. now owns 59,322 shares of the company’s stock valued at $1,749,000 after buying an additional 2,371 shares in the last quarter. Opes Wealth Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.5% in the 3rd quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock valued at $3,094,000 after buying an additional 511 shares in the last quarter. Diversify Wealth Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 25.0% in the 3rd quarter. Diversify Wealth Management LLC now owns 148,275 shares of the company’s stock valued at $4,330,000 after buying an additional 29,610 shares in the last quarter. Finally, Lodestar Private Asset Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 4.1% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 65,512 shares of the company’s stock valued at $1,931,000 after buying an additional 2,579 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of NYSEARCA FREL opened at $28.62 on Friday. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The business has a 50 day simple moving average of $29.07 and a 200 day simple moving average of $27.00. Fidelity MSCI Real Estate Index ETF has a 52 week low of $22.41 and a 52 week high of $30.07.

About Fidelity MSCI Real Estate Index ETF

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.