Capital Analysts LLC Sells 4,176 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Capital Analysts LLC reduced its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 17.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 19,813 shares of the company’s stock after selling 4,176 shares during the quarter. Capital Analysts LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $528,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Essential Planning LLC. raised its holdings in Fidelity MSCI Real Estate Index ETF by 5.5% in the third quarter. Essential Planning LLC. now owns 120,320 shares of the company’s stock worth $2,747,000 after buying an additional 6,318 shares during the last quarter. Cordant Inc. purchased a new position in Fidelity MSCI Real Estate Index ETF in the 4th quarter worth approximately $213,000. Avantax Advisory Services Inc. lifted its position in Fidelity MSCI Real Estate Index ETF by 9.9% in the 3rd quarter. Avantax Advisory Services Inc. now owns 294,564 shares of the company’s stock valued at $6,701,000 after acquiring an additional 26,610 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Fidelity MSCI Real Estate Index ETF by 24.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 138,830 shares of the company’s stock valued at $3,700,000 after purchasing an additional 27,657 shares during the last quarter. Finally, Black Diamond Financial LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 2.6% in the 3rd quarter. Black Diamond Financial LLC now owns 314,340 shares of the company’s stock worth $7,151,000 after purchasing an additional 7,948 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA:FREL opened at $23.71 on Thursday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $21.24 and a 1 year high of $27.06. The company has a market cap of $879.64 million, a P/E ratio of 26.44 and a beta of 1.02. The stock’s fifty day moving average price is $25.52 and its 200-day moving average price is $24.83.

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.