Commonwealth Equity Services LLC Increases Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Commonwealth Equity Services LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 26.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 566,807 shares of the company’s stock after acquiring an additional 118,562 shares during the quarter. Commonwealth Equity Services LLC owned about 1.53% of Fidelity MSCI Real Estate Index ETF worth $15,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of FREL. Essential Planning LLC. lifted its holdings in Fidelity MSCI Real Estate Index ETF by 6,175.9% during the 4th quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock worth $227,231,000 after purchasing an additional 7,813,298 shares in the last quarter. Life Planning Partners Inc increased its stake in Fidelity MSCI Real Estate Index ETF by 2,604.0% in the 4th quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock worth $31,289,000 after acquiring an additional 1,115,180 shares during the last quarter. Truefg LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 2.8% during the 4th quarter. Truefg LLC now owns 563,565 shares of the company’s stock valued at $15,228,000 after acquiring an additional 15,103 shares during the last quarter. Black Diamond Financial LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 9.8% during the fourth quarter. Black Diamond Financial LLC now owns 529,194 shares of the company’s stock worth $14,299,000 after purchasing an additional 47,247 shares in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 0.8% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 430,742 shares of the company’s stock worth $11,639,000 after purchasing an additional 3,502 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of FREL opened at $27.75 on Tuesday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The company has a market capitalization of $1.02 billion, a P/E ratio of 31.68 and a beta of 1.08. The firm’s 50 day simple moving average is $27.53 and its 200 day simple moving average is $28.29.

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.