Disciplined Investments LLC Sells 2,300 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Disciplined Investments LLC decreased its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 18.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,399 shares of the company’s stock after selling 2,300 shares during the period. Disciplined Investments LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FREL. Raymond James & Associates lifted its stake in Fidelity MSCI Real Estate Index ETF by 1.0% during the third quarter. Raymond James & Associates now owns 103,792 shares of the company’s stock worth $3,060,000 after purchasing an additional 996 shares during the period. Opes Wealth Management LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 0.5% during the third quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock worth $3,094,000 after purchasing an additional 511 shares during the period. Palisades Hudson Asset Management L.P. lifted its stake in Fidelity MSCI Real Estate Index ETF by 4.2% during the third quarter. Palisades Hudson Asset Management L.P. now owns 59,322 shares of the company’s stock worth $1,749,000 after purchasing an additional 2,371 shares during the period. HF Advisory Group LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 1.2% during the third quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock worth $1,124,000 after buying an additional 437 shares in the last quarter. Finally, Beckerman Institutional LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the third quarter worth approximately $877,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.6 %

NYSEARCA FREL opened at $28.59 on Tuesday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 33.99 and a beta of 1.07. The company has a 50 day moving average of $27.36 and a 200-day moving average of $28.32. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07.

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.