Summit Wealth Group LLC Co. acquired a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 45,500 shares of the company’s stock, valued at approximately $1,223,000. Summit Wealth Group LLC Co. owned approximately 0.09% of Fidelity MSCI Real Estate Index ETF at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the 4th quarter worth $26,000. Geneos Wealth Management Inc. acquired a new position in Fidelity MSCI Real Estate Index ETF during the 3rd quarter valued at about $33,000. Atlantic Union Bankshares Corp boosted its stake in Fidelity MSCI Real Estate Index ETF by 81.7% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock valued at $51,000 after purchasing an additional 817 shares during the period. Stone House Investment Management LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 33.0% during the 4th quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock valued at $60,000 after purchasing an additional 550 shares during the period. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the third quarter valued at approximately $139,000.
Fidelity MSCI Real Estate Index ETF Price Performance
FREL stock opened at $29.37 on Wednesday. Fidelity MSCI Real Estate Index ETF has a 52-week low of $26.19 and a 52-week high of $29.56. The company’s 50 day simple moving average is $28.24 and its 200-day simple moving average is $27.78. The firm has a market capitalization of $1.45 billion, a P/E ratio of 34.96 and a beta of 1.00.
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.
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