Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Sold by Blue Trust Inc.

Blue Trust Inc. decreased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 23.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 28,070 shares of the company’s stock after selling 8,489 shares during the period. Blue Trust Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $828,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AE Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 29.4% in the second quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock valued at $15,838,000 after purchasing an additional 141,975 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the 1st quarter valued at $3,348,000. Diversify Wealth Management LLC purchased a new position in Fidelity MSCI Real Estate Index ETF during the second quarter worth $3,177,000. Citizens & Northern Corp increased its position in Fidelity MSCI Real Estate Index ETF by 16.9% during the second 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 in the last quarter. Finally, Black Diamond Financial LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 31.0% in the second quarter. Black Diamond Financial LLC now owns 434,473 shares of the company’s stock worth $11,010,000 after acquiring an additional 102,865 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 0.8 %

FREL opened at $29.52 on Monday. The firm has a market cap of $1.10 billion, a P/E ratio of 25.77 and a beta of 1.02. The business’s fifty day simple moving average is $28.85 and its 200 day simple moving average is $26.63. Fidelity MSCI Real Estate Index ETF has a 52 week low of $21.24 and a 52 week 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.