Beaumont Financial Advisors LLC Acquires Shares of 52,907 Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Beaumont Financial Advisors LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 52,907 shares of the company’s stock, valued at approximately $1,410,000.

A number of other hedge funds have also recently bought and sold shares of FREL. Lido Advisors LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 6.4% during the 3rd quarter. Lido Advisors LLC now owns 879,409 shares of the company’s stock worth $20,007,000 after buying an additional 52,833 shares during the last quarter. Pure Financial Advisors LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 0.7% during the 4th quarter. Pure Financial Advisors LLC now owns 488,789 shares of the company’s stock worth $13,026,000 after buying an additional 3,585 shares during the last quarter. Truefg LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 2.3% during the 3rd quarter. Truefg LLC now owns 481,993 shares of the company’s stock worth $10,965,000 after buying an additional 11,011 shares during the last quarter. Black Diamond Financial LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 2.6% during the 3rd quarter. Black Diamond Financial LLC now owns 314,340 shares of the company’s stock worth $7,151,000 after buying an additional 7,948 shares during the last quarter. Finally, AE Wealth Management LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 3.2% during the 3rd quarter. AE Wealth Management LLC now owns 310,451 shares of the company’s stock worth $7,063,000 after buying an additional 9,685 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.5 %

Shares of NYSEARCA FREL opened at $23.85 on Friday. The company has a market cap of $884.84 million, a price-to-earnings ratio of 26.44 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 12-month low of $21.24 and a 12-month high of $27.06. The stock’s 50 day simple moving average is $25.49 and its 200 day simple moving average 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.