First Trust S&P REIT Index Fund (NYSEARCA:FRI) Shares Up 0.9% – Still a Buy?

Posted by Trevor Kearing on Sep 21st, 2026

First Trust S&P REIT Index Fund (NYSEARCA:FRI – Get Free Report)’s share price was up 0.9% on Monday . The stock traded as high as $30.60 and last traded at $30.55. Approximately 22,660 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 31,698 shares. The stock had previously closed at $30.28.

First Trust S&P REIT Index Fund Stock Up 0.9%

The stock has a fifty day moving average price of $31.87 and a two-hundred day moving average price of $30.98. The company has a market cap of $186.35 million, a price-to-earnings ratio of 35.23 and a beta of 0.93.

Institutional Investors Weigh In On First Trust S&P REIT Index Fund

Several institutional investors have recently made changes to their positions in FRI. Integrated Wealth Concepts LLC bought a new position in shares of First Trust S&P REIT Index Fund in the second quarter worth $92,000. Citadel Advisors LLC acquired a new position in First Trust S&P REIT Index Fund in the second quarter valued at about $1,415,000. RPg Family Wealth Advisory LLC lifted its position in First Trust S&P REIT Index Fund by 3.8% during the second quarter. RPg Family Wealth Advisory LLC now owns 12,549 shares of the company’s stock worth $398,000 after purchasing an additional 463 shares during the period. Risk Paradigm Group LLC lifted its position in First Trust S&P REIT Index Fund by 3.9% during the second quarter. Risk Paradigm Group LLC now owns 12,191 shares of the company’s stock worth $386,000 after purchasing an additional 463 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in First Trust S&P REIT Index Fund during the first quarter worth about $67,000.

First Trust S&P REIT Index Fund Company Profile

(Get Free Report)

First Trust S&P REIT Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the S&P United States REIT Index (the Index). The Index measures the securitized United States real estate investment trust (REIT) market and maintains a constituency that reflects the composition of the overall REIT market. The Index contains securities selected for market representation according to geography and property type. All securities in the Index satisfy the Index’s liquidity, price and market capitalization requirements.