Fingerlakes Wealth Management Inc. Purchases 562 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Fingerlakes Wealth Management Inc. increased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,927 shares of the company’s stock after buying an additional 562 shares during the period. Fingerlakes Wealth Management Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $403,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FREL. Kestra Investment Management LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at about $32,000. Larson Financial Group LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 2,144.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock worth $37,000 after purchasing an additional 1,201 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 63.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock valued at $55,000 after purchasing an additional 787 shares during the period. Brown Brothers Harriman & Co. grew its holdings in Fidelity MSCI Real Estate Index ETF by 147.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock valued at $84,000 after buying an additional 1,701 shares during the last quarter. Finally, CWM LLC increased its position in Fidelity MSCI Real Estate Index ETF by 62.9% in the 3rd quarter. CWM LLC now owns 4,336 shares of the company’s stock worth $128,000 after buying an additional 1,675 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 0.1 %

Shares of FREL stock opened at $27.92 on Thursday. Fidelity MSCI Real Estate Index ETF has a 12 month low of $23.61 and a 12 month high of $30.07. The firm has a market cap of $1.04 billion, a PE ratio of 25.77 and a beta of 1.02. The stock has a 50 day moving average of $27.31 and a 200-day moving average of $28.28.

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.