Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 12,929.5% in the 4th quarter, Holdings Channel reports. The firm owned 34,007 shares of the company’s stock after purchasing an additional 33,746 shares during the period. Farther Finance Advisors LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $919,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. HighTower Advisors LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 139,563 shares of the company’s stock worth $3,771,000 after purchasing an additional 3,678 shares in the last quarter. AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 19.4% during the 4th quarter. AGF Management Ltd. now owns 141,754 shares of the company’s stock worth $3,830,000 after buying an additional 22,996 shares during the last quarter. Larson Financial Group LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 330.5% during the 4th quarter. Larson Financial Group LLC now owns 5,412 shares of the company’s stock worth $146,000 after buying an additional 4,155 shares during the last quarter. Blue Barn Wealth LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 6.4% during the 4th quarter. Blue Barn Wealth LLC now owns 110,617 shares of the company’s stock worth $2,989,000 after buying an additional 6,613 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $3,119,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA FREL opened at $27.33 on Friday. The company has a 50 day simple moving average of $27.51 and a 200-day simple moving average of $28.30. The company has a market capitalization of $1.00 billion, a P/E ratio of 31.68 and a beta of 1.08. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.61 and a 1 year high of $30.07.

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.