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

Atlas Capital Advisors LLC raised its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 36.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,411 shares of the company’s stock after buying an additional 4,100 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $402,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Lido Advisors LLC boosted its position in Fidelity MSCI Real Estate Index ETF by 6.4% during the 3rd quarter. Lido Advisors LLC now owns 879,409 shares of the company’s stock valued at $20,007,000 after acquiring an additional 52,833 shares in the last quarter. Truefg LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 7.6% in the fourth quarter. Truefg LLC now owns 518,598 shares of the company’s stock worth $13,821,000 after purchasing an additional 36,605 shares during the period. Pure Financial Advisors LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 0.7% in the fourth quarter. Pure Financial Advisors LLC now owns 488,789 shares of the company’s stock worth $13,026,000 after purchasing an additional 3,585 shares during the period. Avantax Advisory Services Inc. raised its holdings in Fidelity MSCI Real Estate Index ETF by 7.6% in the fourth quarter. Avantax Advisory Services Inc. now owns 316,951 shares of the company’s stock worth $8,447,000 after purchasing an additional 22,387 shares in the last quarter. Finally, LPL Financial LLC lifted its position in Fidelity MSCI Real Estate Index ETF by 8.6% during the third quarter. LPL Financial LLC now owns 287,807 shares of the company’s stock valued at $6,548,000 after buying an additional 22,838 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA:FREL opened at $25.13 on Friday. The firm’s 50-day moving average price is $24.88 and its 200-day moving average price is $25.44. The company has a market capitalization of $932.32 million, a PE ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $27.06.

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.