Fidelity MSCI Real Estate Index ETF $FREL Shares Purchased by Truefg LLC

Truefg LLC lifted its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 665,978 shares of the company’s stock after purchasing an additional 24,540 shares during the period. Fidelity MSCI Real Estate Index ETF comprises about 4.8% of Truefg LLC’s portfolio, making the stock its 7th biggest holding. Truefg LLC owned about 1.64% of Fidelity MSCI Real Estate Index ETF worth $17,908,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Fifth Third Securities Inc. acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the 3rd quarter valued at $590,000. Integrated Capital Management Inc. acquired a new position in Fidelity MSCI Real Estate Index ETF during the third quarter worth $888,000. Rede Wealth LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the third quarter worth $1,439,000. AGF Management Ltd. raised its position in Fidelity MSCI Real Estate Index ETF by 10.2% during the third quarter. AGF Management Ltd. now owns 334,055 shares of the company’s stock worth $9,290,000 after acquiring an additional 30,904 shares during the period. Finally, Park Avenue Securities LLC raised its position in Fidelity MSCI Real Estate Index ETF by 1,115.4% during the third quarter. Park Avenue Securities LLC now owns 98,802 shares of the company’s stock worth $2,748,000 after acquiring an additional 90,673 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

NYSEARCA:FREL opened at $27.96 on Thursday. The company has a fifty day moving average of $27.97 and a two-hundred day moving average of $27.56. The stock has a market capitalization of $1.40 billion, a PE ratio of 34.96 and a beta of 1.03. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.35 and a fifty-two week high of $29.21.

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.