Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Acquired by Congress Wealth Management LLC DE

Congress Wealth Management LLC DE lifted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 60,466 shares of the company’s stock after purchasing an additional 3,800 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Essential Planning LLC. raised its stake in Fidelity MSCI Real Estate Index ETF by 6,175.9% in the 4th quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock worth $227,231,000 after acquiring an additional 7,813,298 shares during the last quarter. Life Planning Partners Inc raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 2,604.0% in the fourth quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock worth $31,289,000 after purchasing an additional 1,115,180 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 26.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 566,807 shares of the company’s stock worth $15,315,000 after purchasing an additional 118,562 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth about $3,119,000. Finally, Heck Capital Advisors LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $2,440,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.6 %

Shares of NYSEARCA:FREL opened at $27.35 on Thursday. Fidelity MSCI Real Estate Index ETF has a twelve month low of $23.61 and a twelve month high of $30.07. The company’s 50 day moving average is $27.67 and its 200 day moving average is $28.23. The company has a market cap of $1.00 billion, a PE ratio of 31.68 and a beta of 1.08.

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.