Fidelity MSCI Real Estate Index ETF $FREL Holdings Increased by Diversify Advisory Services LLC

Diversify Advisory Services LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,148 shares of the company’s stock after acquiring an additional 27,912 shares during the quarter. Diversify Advisory Services LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $10,431,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FREL. Bank of America Corp DE boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 25,321.8% in the 1st quarter. Bank of America Corp DE now owns 10,268,643 shares of the company’s stock valued at $276,329,000 after purchasing an additional 10,228,250 shares in the last quarter. Truefg LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 3.0% in the 3rd quarter. Truefg LLC now owns 728,436 shares of the company’s stock worth $19,799,000 after purchasing an additional 21,159 shares during the last quarter. Riverpoint Wealth Management Holdings LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.7% in the 1st quarter. Riverpoint Wealth Management Holdings LLC now owns 555,858 shares of the company’s stock worth $14,958,000 after purchasing an additional 30,075 shares during the last quarter. Diversify Wealth Management LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 49.4% during the 1st quarter. Diversify Wealth Management LLC now owns 329,694 shares of the company’s stock worth $9,492,000 after purchasing an additional 109,052 shares in the last quarter. Finally, Marotta Asset Management increased its position in shares of Fidelity MSCI Real Estate Index ETF by 2.4% during the 3rd quarter. Marotta Asset Management now owns 277,985 shares of the company’s stock worth $7,556,000 after purchasing an additional 6,390 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 1.8%

Shares of FREL stock opened at $28.01 on Wednesday. Fidelity MSCI Real Estate Index ETF has a 12-month low of $26.37 and a 12-month high of $30.92. The company has a market capitalization of $1.38 billion, a P/E ratio of 34.96 and a beta of 0.97. The firm has a 50-day moving average price of $28.51 and a 200 day moving average price of $29.03.

Fidelity MSCI Real Estate Index ETF 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.