Blue Barn Wealth LLC Buys 6,613 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Blue Barn Wealth LLC grew its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,617 shares of the company’s stock after acquiring an additional 6,613 shares during the period. Fidelity MSCI Real Estate Index ETF accounts for 1.6% of Blue Barn Wealth LLC’s portfolio, making the stock its 14th largest holding. Blue Barn Wealth LLC owned 0.30% of Fidelity MSCI Real Estate Index ETF worth $2,989,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FREL. Kestra Investment Management LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter worth $32,000. Larson Financial Group LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 2,144.6% in the 3rd quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock worth $37,000 after buying an additional 1,201 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 63.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock worth $55,000 after buying an additional 787 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 147.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock worth $84,000 after buying an additional 1,701 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 16.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock worth $89,000 after buying an additional 479 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 1.0 %

Shares of NYSEARCA:FREL opened at $28.54 on Thursday. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week high of $30.07. The firm has a fifty day simple moving average of $27.42 and a two-hundred day simple moving average of $28.33. The stock has a market capitalization of $1.04 billion, a P/E ratio of 33.99 and a beta of 1.07.

Fidelity MSCI Real Estate Index ETF 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.