38,585 Shares in Fidelity MSCI Real Estate Index ETF $FREL Purchased by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC bought a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FRELFree Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 38,585 shares of the company’s stock, valued at approximately $1,038,000.

A number of other hedge funds have also recently bought and sold shares of FREL. Flagship Harbor Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth about $26,000. Atlantic Union Bankshares Corp grew its holdings in Fidelity MSCI Real Estate Index ETF by 81.7% during the third quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after acquiring an additional 817 shares during the period. Stone House Investment Management LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 33.0% during the fourth quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock worth $60,000 after acquiring an additional 550 shares during the period. Everstar Asset Management LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth about $114,000. Finally, CIBC Private Wealth Group LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the third quarter worth about $139,000.

Fidelity MSCI Real Estate Index ETF Stock Up 1.2%

NYSEARCA:FREL opened at $29.30 on Thursday. The business’s 50-day moving average price is $28.26 and its 200 day moving average price is $27.83. The firm has a market cap of $1.45 billion, a P/E ratio of 34.96 and a beta of 1.00. Fidelity MSCI Real Estate Index ETF has a 52-week low of $26.19 and a 52-week high of $29.56.

Fidelity MSCI Real Estate Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

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