Heck Capital Advisors LLC Takes Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Heck Capital Advisors LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the 4th quarter, Holdings Channel reports. The fund acquired 90,308 shares of the company’s stock, valued at approximately $2,440,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Thrivent Financial for Lutherans boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 5.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 50,689 shares of the company’s stock valued at $1,284,000 after purchasing an additional 2,502 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in Fidelity MSCI Real Estate Index ETF by 1.4% in the third quarter. Dynamic Advisor Solutions LLC now owns 224,225 shares of the company’s stock valued at $6,610,000 after buying an additional 3,097 shares in the last quarter. First National Corp MA ADV lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 1.7% in the 3rd quarter. First National Corp MA ADV now owns 52,934 shares of the company’s stock valued at $1,560,000 after acquiring an additional 869 shares during the last quarter. CWM LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 62.9% during the 3rd quarter. CWM LLC now owns 4,336 shares of the company’s stock valued at $128,000 after acquiring an additional 1,675 shares in the last quarter. Finally, Red Mountain Financial LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the 3rd quarter worth $217,000.

Fidelity MSCI Real Estate Index ETF Stock Down 0.1 %

Shares of FREL opened at $27.47 on Friday. The business has a 50-day simple moving average of $27.70 and a two-hundred day simple moving average of $28.21. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.61 and a 12-month high of $30.07. The stock has a market cap of $1.02 billion, a PE ratio of 25.77 and a beta of 1.02.

About Fidelity MSCI Real Estate Index ETF

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.