J.W. Cole Advisors Inc. Sells 3,205 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

J.W. Cole Advisors Inc. lessened its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 14.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,643 shares of the company’s stock after selling 3,205 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beaumont Financial Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at about $1,410,000. Forte Asset Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 6.5% in the fourth quarter. Forte Asset Management LLC now owns 62,372 shares of the company’s stock valued at $1,662,000 after acquiring an additional 3,808 shares during the period. Opes Wealth Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 8.5% in the fourth quarter. Opes Wealth Management LLC now owns 94,436 shares of the company’s stock valued at $2,517,000 after acquiring an additional 7,426 shares during the period. HF Advisory Group LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 10.5% in the fourth quarter. HF Advisory Group LLC now owns 28,635 shares of the company’s stock valued at $763,000 after acquiring an additional 2,728 shares during the period. Finally, Keel Point LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 59.7% in the fourth quarter. Keel Point LLC now owns 19,986 shares of the company’s stock valued at $533,000 after acquiring an additional 7,473 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Up 1.0 %

NYSEARCA:FREL opened at $24.26 on Wednesday. The stock has a market cap of $900.05 million, a price-to-earnings ratio of 26.44 and a beta of 1.02. The stock has a 50-day moving average price of $25.41 and a two-hundred day moving average price of $24.90. Fidelity MSCI Real Estate Index ETF has a 1 year low of $21.24 and a 1 year high of $27.06.

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.