Fidelity MSCI Real Estate Index ETF $FREL Shares Newly Purchased by Integrated Capital Management Inc.

Integrated Capital Management Inc. purchased a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 32,161 shares of the company’s stock, valued at approximately $874,000. Fidelity MSCI Real Estate Index ETF comprises 0.6% of Integrated Capital Management Inc.’s investment portfolio, making the stock its 21st biggest holding. Integrated Capital Management Inc. owned about 0.06% of Fidelity MSCI Real Estate Index ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in FREL. Bank of America Corp DE lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 25,321.8% during the 1st quarter. Bank of America Corp DE now owns 10,268,643 shares of the company’s stock worth $276,329,000 after purchasing an additional 10,228,250 shares during the last quarter. Riverpoint Wealth Management Holdings LLC grew its holdings in 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 valued at $14,958,000 after buying an additional 30,075 shares during the last quarter. Diversify Wealth Management LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 49.4% in the 1st quarter. Diversify Wealth Management LLC now owns 329,694 shares of the company’s stock valued at $9,492,000 after buying an additional 109,052 shares during the last quarter. Marotta Asset Management increased its position in Fidelity MSCI Real Estate Index ETF by 2.4% in the 3rd quarter. Marotta Asset Management now owns 277,985 shares of the company’s stock worth $7,556,000 after buying an additional 6,390 shares during the period. Finally, Rehmann Capital Advisory Group increased its position in Fidelity MSCI Real Estate Index ETF by 7.1% in the 4th quarter. Rehmann Capital Advisory Group now owns 231,859 shares of the company’s stock worth $6,236,000 after buying an additional 15,428 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 0.8%

Shares of FREL stock opened at $27.11 on Friday. Fidelity MSCI Real Estate Index ETF has a 12 month low of $26.37 and a 12 month high of $30.92. The firm has a market cap of $1.35 billion, a PE ratio of 34.96 and a beta of 0.97. The stock has a 50 day moving average of $28.86 and a 200-day moving average of $28.98.

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.