Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Sold by Schoolcraft Capital LLC

Schoolcraft Capital LLC reduced its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,746 shares of the company’s stock after selling 2,719 shares during the period. Fidelity MSCI Real Estate Index ETF comprises 0.7% of Schoolcraft Capital LLC’s portfolio, making the stock its 22nd largest position. Schoolcraft Capital LLC owned 0.33% of Fidelity MSCI Real Estate Index ETF worth $3,263,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at $32,000. Larson Financial Group LLC grew its position in Fidelity MSCI Real Estate Index ETF by 2,144.6% in the 3rd quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock valued at $37,000 after buying an additional 1,201 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 63.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock valued at $55,000 after acquiring an additional 787 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in Fidelity MSCI Real Estate Index ETF by 147.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after acquiring an additional 1,701 shares during the last quarter. Finally, Principal Securities Inc. lifted its holdings in Fidelity MSCI Real Estate Index ETF by 11.9% in the 4th quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock valued at $134,000 after acquiring an additional 527 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.4 %

FREL stock opened at $27.87 on Tuesday. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The firm has a market capitalization of $1.02 billion, a PE ratio of 33.99 and a beta of 1.07. The firm has a 50-day moving average of $27.28 and a two-hundred day moving average of $28.30.

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.