Rehmann Capital Advisory Group Purchases 17,977 Shares of Fidelity MSCI Real Estate Index ETF $FREL

Rehmann Capital Advisory Group lifted its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 9.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 216,431 shares of the company’s stock after purchasing an additional 17,977 shares during the quarter. Rehmann Capital Advisory Group owned 0.55% of Fidelity MSCI Real Estate Index ETF worth $6,030,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in Fidelity MSCI Real Estate Index ETF by 81.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 966,894 shares of the company’s stock valued at $26,889,000 after purchasing an additional 434,332 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 18.9% during the third quarter. AE Wealth Management LLC now owns 1,234,225 shares of the company’s stock valued at $34,324,000 after buying an additional 196,350 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Fidelity MSCI Real Estate Index ETF by 3,750,100.0% during the third quarter. BNP Paribas Financial Markets now owns 150,008 shares of the company’s stock worth $4,172,000 after acquiring an additional 150,004 shares in the last quarter. Black Diamond Financial LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 19.7% during the third quarter. Black Diamond Financial LLC now owns 678,768 shares of the company’s stock worth $18,877,000 after acquiring an additional 111,792 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 13,304.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105,892 shares of the company’s stock worth $2,863,000 after acquiring an additional 105,102 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 1.0%

NYSEARCA FREL traded up $0.29 during trading hours on Friday, hitting $28.21. The company’s stock had a trading volume of 19,723 shares, compared to its average volume of 486,315. The company has a market capitalization of $1.40 billion, a PE ratio of 34.96 and a beta of 1.03. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.35 and a 52 week high of $29.21. The company’s 50-day simple moving average is $28.03 and its two-hundred day simple moving average is $27.65.

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.