Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Acquired by Fingerlakes Wealth Management Inc.

Fingerlakes Wealth Management Inc. boosted its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,927 shares of the company’s stock after acquiring an additional 562 shares during the period. Fingerlakes Wealth Management Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $403,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Kestra Investment Management LLC bought a new position in Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $32,000. Larson Financial Group LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF by 2,144.6% in the third quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock worth $37,000 after purchasing an additional 1,201 shares during the period. Capital Investment Advisory Services LLC grew its position in shares of Fidelity MSCI Real Estate Index ETF by 63.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock valued at $55,000 after buying an additional 787 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 147.7% during the third quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after purchasing an additional 1,701 shares during the last quarter. Finally, CWM LLC increased its position in Fidelity MSCI Real Estate Index ETF by 62.9% in the third quarter. CWM LLC now owns 4,336 shares of the company’s stock worth $128,000 after buying an additional 1,675 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL stock opened at $27.92 on Thursday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.61 and a 1 year high of $30.07. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The stock’s fifty day moving average is $27.31 and its two-hundred day moving average is $28.28.

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.