Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Purchased by Blue Barn Wealth LLC

Blue Barn Wealth LLC boosted its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 110,617 shares of the company’s stock after purchasing an additional 6,613 shares during the period. Fidelity MSCI Real Estate Index ETF accounts for 1.6% of Blue Barn Wealth LLC’s holdings, making the stock its 14th biggest holding. Blue Barn Wealth LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of FREL. Asset Management Group Inc. raised its position 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 purchasing an additional 401 shares during the period. HF Advisory Group LLC raised its position in Fidelity MSCI Real Estate Index ETF by 1.2% during the third quarter. HF Advisory Group LLC now owns 38,117 shares of the company’s stock valued at $1,124,000 after buying an additional 437 shares during the period. Smartleaf Asset Management LLC raised its position in Fidelity MSCI Real Estate Index ETF by 16.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock valued at $89,000 after buying an additional 479 shares during the period. Principal Securities Inc. raised its position in Fidelity MSCI Real Estate Index ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock valued at $134,000 after buying an additional 527 shares during the period. Finally, Fingerlakes Wealth Management Inc. raised its position in Fidelity MSCI Real Estate Index ETF by 3.9% during the fourth quarter. Fingerlakes Wealth Management Inc. now owns 14,927 shares of the company’s stock valued at $403,000 after buying an additional 562 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA FREL opened at $28.54 on Thursday. The business’s 50-day moving average price is $27.42 and its two-hundred day moving average price is $28.33. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The company has a market capitalization of $1.04 billion, a P/E ratio of 33.99 and a beta of 1.07.

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.