SigFig Wealth Management LLC Boosts Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

SigFig Wealth Management LLC increased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 107,922 shares of the company’s stock after acquiring an additional 1,116 shares during the quarter. SigFig Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Corient Private Wealth LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the fourth quarter worth $202,000. Balanced Wealth Group LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 4.6% in the fourth quarter. Balanced Wealth Group LLC now owns 26,118 shares of the company’s stock worth $717,000 after buying an additional 1,160 shares in the last quarter. Commonwealth Equity Services LLC raised its position 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 buying an additional 118,562 shares in the last quarter. Avantax Advisory Services Inc. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 2.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 361,369 shares of the company’s stock worth $9,764,000 after buying an additional 7,554 shares in the last quarter. Finally, Essential Planning LLC. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 6,175.9% in the fourth quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock worth $227,231,000 after buying an additional 7,813,298 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL stock opened at $27.65 on Friday. Fidelity MSCI Real Estate Index ETF has a 52-week low of $23.61 and a 52-week high of $30.07. The company has a market capitalization of $1.01 billion, a PE ratio of 31.68 and a beta of 1.08. The business’s fifty day moving average is $27.60 and its 200 day moving average is $28.27.

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.