PNC Financial Services Group Inc. Decreases Stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

PNC Financial Services Group Inc. decreased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,314,065 shares of the company’s stock after selling 39,881 shares during the quarter. PNC Financial Services Group Inc. owned 3.54% of Fidelity MSCI Real Estate Index ETF worth $35,506,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Life Planning Partners Inc raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 2,604.0% during the fourth quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock valued at $31,289,000 after purchasing an additional 1,115,180 shares during the last quarter. Truefg LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 2.8% during the 4th quarter. Truefg LLC now owns 563,565 shares of the company’s stock valued at $15,228,000 after buying an additional 15,103 shares during the last quarter. Black Diamond Financial LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 9.8% during the 4th quarter. Black Diamond Financial LLC now owns 529,194 shares of the company’s stock valued at $14,299,000 after buying an additional 47,247 shares during the last quarter. Riverpoint Wealth Management Holdings LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 0.8% during the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 430,742 shares of the company’s stock valued at $11,639,000 after buying an additional 3,502 shares during the last quarter. Finally, Marotta Asset Management raised its stake in Fidelity MSCI Real Estate Index ETF by 1.4% during the 4th quarter. Marotta Asset Management now owns 143,514 shares of the company’s stock valued at $3,842,000 after buying an additional 2,029 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Fidelity MSCI Real Estate Index ETF stock opened at $27.99 on Monday. The stock has a market cap of $1.02 billion, a PE ratio of 33.99 and a beta of 1.07. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The stock has a fifty day moving average of $27.48 and a 200 day moving average of $28.34.

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.