Blue Trust Inc. Has $563,000 Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Blue Trust Inc. trimmed its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 31.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,113 shares of the company’s stock after selling 8,957 shares during the period. Blue Trust Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $563,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FREL. Larson Financial Group LLC boosted 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 valued at $37,000 after purchasing an additional 1,201 shares during the last quarter. Brown Brothers Harriman & Co. boosted its position in Fidelity MSCI Real Estate Index ETF by 147.7% during the third quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after acquiring an additional 1,701 shares during the last quarter. CWM LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 62.9% during the 3rd quarter. CWM LLC now owns 4,336 shares of the company’s stock worth $128,000 after acquiring an additional 1,675 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the 3rd quarter worth about $206,000. Finally, Red Mountain Financial LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the 3rd quarter valued at about $217,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $27.51 on Friday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The stock’s 50-day moving average is $27.73 and its 200 day moving average is $28.21. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07.

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.