Corient Private Wealth LLC Makes New Investment in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Corient Private Wealth LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the 4th quarter, Holdings Channel.com reports. The firm acquired 7,489 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also made changes to their positions in FREL. Balanced Wealth Group LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 4.6% in the fourth quarter. Balanced Wealth Group LLC now owns 26,118 shares of the company’s stock valued at $717,000 after buying an additional 1,160 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 26.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 566,807 shares of the company’s stock worth $15,315,000 after acquiring an additional 118,562 shares during the period. Avantax Advisory Services Inc. raised its holdings in Fidelity MSCI Real Estate Index ETF by 2.1% in the 4th quarter. Avantax Advisory Services Inc. now owns 361,369 shares of the company’s stock valued at $9,764,000 after acquiring an additional 7,554 shares during the last quarter. Essential Planning LLC. lifted its stake in shares of 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 during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 12,929.5% during the 4th quarter. Farther Finance Advisors LLC now owns 34,007 shares of the company’s stock worth $919,000 after purchasing an additional 33,746 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 0.1 %

Shares of NYSEARCA:FREL opened at $27.49 on Wednesday. The company has a market cap of $1.01 billion, a P/E ratio of 32.20 and a beta of 1.08. The business has a fifty day simple moving average of $27.67 and a 200-day simple moving average of $28.16. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week 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.