Demars Financial Group LLC Acquires 12,547 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Demars Financial Group LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 4.0% in the first quarter, HoldingsChannel.com reports. The fund owned 328,810 shares of the company’s stock after purchasing an additional 12,547 shares during the period. Demars Financial Group LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $9,032,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Kestra Investment Management LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at about $32,000. Johnson Financial Group Inc. raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 60.0% during the 4th quarter. Johnson Financial Group Inc. now owns 1,600 shares of the company’s stock valued at $44,000 after buying an additional 600 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 81.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock valued at $47,000 after buying an additional 786 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 16.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock valued at $89,000 after buying an additional 479 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new position in Fidelity MSCI Real Estate Index ETF in the 4th quarter worth approximately $123,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $27.27 on Tuesday. The business’s 50 day simple moving average is $26.71 and its two-hundred day simple moving average is $27.20. The stock has a market capitalization of $1.06 billion, a P/E ratio of 32.37 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a one year low of $23.35 and a one year high of $30.07.

About Fidelity MSCI Real Estate Index ETF

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.