Riverpoint Wealth Management Holdings LLC Has $14.14 Million Stock Holdings in Fidelity MSCI Real Estate Index ETF $FREL

Riverpoint Wealth Management Holdings LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 5.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 525,783 shares of the company’s stock after acquiring an additional 27,878 shares during the quarter. Fidelity MSCI Real Estate Index ETF makes up about 3.0% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 10th biggest holding. Riverpoint Wealth Management Holdings LLC owned 1.06% of Fidelity MSCI Real Estate Index ETF worth $14,138,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 30.8% in the 4th quarter. AE Wealth Management LLC now owns 1,614,618 shares of the company’s stock valued at $43,417,000 after purchasing an additional 380,393 shares during the period. Lido Advisors LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 9.3% in the 3rd quarter. Lido Advisors LLC now owns 1,334,794 shares of the company’s stock valued at $37,121,000 after purchasing an additional 113,386 shares during the period. Citizens & Northern Corp boosted its stake in Fidelity MSCI Real Estate Index ETF by 32.2% in the 4th quarter. Citizens & Northern Corp now owns 1,087,071 shares of the company’s stock valued at $29,231,000 after purchasing an additional 264,741 shares during the period. Envestnet Asset Management Inc. boosted its stake in Fidelity MSCI Real Estate Index ETF by 81.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 966,894 shares of the company’s stock valued at $26,889,000 after purchasing an additional 434,332 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity MSCI Real Estate Index ETF by 7.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 815,738 shares of the company’s stock valued at $21,935,000 after purchasing an additional 54,228 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

FREL opened at $29.07 on Friday. The business has a fifty day simple moving average of $28.43 and a 200 day simple moving average of $27.94. The company has a market capitalization of $1.44 billion, a PE ratio of 34.96 and a beta of 1.00. Fidelity MSCI Real Estate Index ETF has a 1 year low of $26.37 and a 1 year high of $29.67.

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.