Talon Private Wealth LLC Has $236,000 Stock Position in Fidelity MSCI Real Estate Index ETF $FREL

Talon Private Wealth LLC trimmed its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 26.3% during the first quarter, Holdings Channel reports. The firm owned 8,598 shares of the company’s stock after selling 3,071 shares during the period. Talon Private Wealth LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $236,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Foster & Motley Inc. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 5.6% during the first quarter. Foster & Motley Inc. now owns 8,869 shares of the company’s stock valued at $244,000 after purchasing an additional 470 shares in the last quarter. Lynch & Associates IN boosted its holdings in Fidelity MSCI Real Estate Index ETF by 7.4% during the first quarter. Lynch & Associates IN now owns 12,147 shares of the company’s stock valued at $334,000 after purchasing an additional 835 shares in the last quarter. SigFig Wealth Management LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF by 0.9% during the first quarter. SigFig Wealth Management LLC now owns 108,858 shares of the company’s stock valued at $2,961,000 after purchasing an additional 936 shares in the last quarter. Marks Group Wealth Management Inc boosted its holdings in Fidelity MSCI Real Estate Index ETF by 1.6% during the first quarter. Marks Group Wealth Management Inc now owns 61,478 shares of the company’s stock valued at $1,689,000 after purchasing an additional 989 shares in the last quarter. Finally, Principal Securities Inc. boosted its holdings in 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 valued at $168,000 after purchasing an additional 1,253 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 1.2%

NYSEARCA FREL opened at $28.09 on Monday. The stock’s 50 day moving average is $27.43 and its two-hundred day moving average is $27.13. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 34.96 and a beta of 0.91. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.35 and a 1-year high of $30.07.

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.