Atlas Capital Advisors LLC Lowers Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Atlas Capital Advisors LLC lowered its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 11.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,613 shares of the company’s stock after selling 1,798 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $345,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FREL. Northwest Financial Advisors purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at $26,000. Gradient Investments LLC purchased a new position in Fidelity MSCI Real Estate Index ETF in the second quarter worth $40,000. Principal Securities Inc. acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $64,000. CWM LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 388.3% during the 2nd quarter. CWM LLC now owns 2,661 shares of the company’s stock valued at $67,000 after purchasing an additional 2,116 shares during the last quarter. Finally, Aspect Partners LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter worth $176,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

NYSEARCA:FREL traded up $0.27 during mid-day trading on Friday, hitting $28.74. 155,370 shares of the company’s stock traded hands, compared to its average volume of 182,284. The company has a fifty day moving average of $26.87 and a 200 day moving average of $25.77. Fidelity MSCI Real Estate Index ETF has a twelve month low of $21.24 and a twelve month high of $28.83. The company has a market capitalization of $1.07 billion, a P/E ratio of 25.77 and a beta of 1.02.

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.