Birchcreek Wealth Management LLC Boosts Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Birchcreek Wealth Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 5.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,942 shares of the company’s stock after purchasing an additional 1,837 shares during the period. Birchcreek Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $971,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Life Planning Partners Inc lifted its holdings in Fidelity MSCI Real Estate Index ETF by 2,604.0% in the fourth quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock valued at $31,289,000 after acquiring an additional 1,115,180 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $2,440,000. Nwam LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the third quarter valued at approximately $1,934,000. Black Diamond Financial LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 10.9% in the third quarter. Black Diamond Financial LLC now owns 481,947 shares of the company’s stock valued at $14,253,000 after acquiring an additional 47,474 shares during the last quarter. Finally, Beckerman Institutional LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the third quarter valued at approximately $877,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL opened at $27.76 on Monday. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The stock has a market capitalization of $1.03 billion, a PE ratio of 25.77 and a beta of 1.02. The business’s 50 day moving average price is $27.28 and its 200 day moving average price is $28.30.

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.