Sachetta LLC Grows Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Sachetta LLC boosted its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 65,503 shares of the company’s stock after buying an additional 4,175 shares during the period. Fidelity MSCI Real Estate Index ETF makes up approximately 0.7% of Sachetta LLC’s portfolio, making the stock its 25th largest holding. Sachetta LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Asset Management Group Inc. increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.6% during the third quarter. Asset Management Group Inc. now owns 72,384 shares of the company’s stock worth $2,134,000 after acquiring an additional 401 shares during the period. Lynch & Associates IN boosted its holdings in Fidelity MSCI Real Estate Index ETF by 3.9% in the 3rd quarter. Lynch & Associates IN now owns 11,504 shares of the company’s stock valued at $339,000 after purchasing an additional 433 shares in the last quarter. HF Advisory Group LLC increased its position in Fidelity MSCI Real Estate Index ETF by 1.2% during the 3rd quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock worth $1,124,000 after purchasing an additional 437 shares during the period. Opes Wealth Management LLC raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.5% during the 3rd quarter. Opes Wealth Management LLC now owns 104,956 shares of the company’s stock worth $3,094,000 after buying an additional 511 shares in the last quarter. Finally, Essential Planning LLC. lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 0.4% in the 3rd quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock valued at $3,729,000 after buying an additional 563 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of NYSEARCA FREL opened at $27.50 on Friday. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The firm has a market capitalization of $1.02 billion, a P/E ratio of 25.77 and a beta of 1.02. The company’s fifty day moving average is $27.83 and its two-hundred day moving average is $28.16.

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.