Cwm LLC Purchases 1,675 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Cwm LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 62.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,336 shares of the company’s stock after purchasing an additional 1,675 shares during the period. Cwm LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $128,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of FREL. AE Wealth Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 29.4% during the 2nd quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock worth $15,838,000 after buying an additional 141,975 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in Fidelity MSCI Real Estate Index ETF during the 1st quarter worth $3,348,000. Diversify Wealth Management LLC purchased a new position in Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth $3,177,000. Citizens & Northern Corp grew its stake in Fidelity MSCI Real Estate Index ETF by 16.9% during the 2nd quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock worth $19,373,000 after buying an additional 110,801 shares during the last quarter. Finally, Black Diamond Financial LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 31.0% during the 2nd quarter. Black Diamond Financial LLC now owns 434,473 shares of the company’s stock worth $11,010,000 after buying an additional 102,865 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of FREL stock opened at $29.26 on Friday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $30.07. The stock’s fifty day moving average price is $28.98 and its 200 day moving average price is $26.72. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02.

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.