Fidelity MSCI Real Estate Index ETF $FREL Shares Bought by MAI Capital Management

MAI Capital Management raised its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FRELFree Report) by 3.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 337,395 shares of the company’s stock after acquiring an additional 11,841 shares during the quarter. MAI Capital Management’s holdings in Fidelity MSCI Real Estate Index ETF were worth $9,268,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FREL. Cullen Frost Bankers Inc. acquired a new stake in Fidelity MSCI Real Estate Index ETF in the first quarter valued at approximately $63,000. Tower Research Capital LLC TRC acquired a new stake in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $123,000. Smartleaf Asset Management LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 45.3% in the first quarter. Smartleaf Asset Management LLC now owns 4,850 shares of the company’s stock worth $132,000 after buying an additional 1,511 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 25.3% during the first quarter. Principal Securities Inc. now owns 6,207 shares of the company’s stock worth $168,000 after buying an additional 1,253 shares during the period. Finally, Stone House Investment Management LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the first quarter worth $169,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.5%

NYSEARCA:FREL opened at $28.01 on Monday. Fidelity MSCI Real Estate Index ETF has a 12 month low of $23.35 and a 12 month high of $30.07. The firm has a fifty day simple moving average of $27.35 and a 200-day simple moving average of $27.13. The company has a market capitalization of $1.05 billion, a P/E ratio of 34.96 and a beta of 0.91.

Fidelity MSCI Real Estate Index ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

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