Smartleaf Asset Management LLC Acquires 1,511 Shares of Fidelity MSCI Real Estate Index ETF $FREL

Smartleaf Asset Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 45.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,850 shares of the company’s stock after buying an additional 1,511 shares during the period. Smartleaf Asset Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $132,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. AE Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 15.2% during the 1st quarter. AE Wealth Management LLC now owns 1,026,029 shares of the company’s stock worth $28,185,000 after buying an additional 135,000 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 125.5% during the first quarter. Envestnet Asset Management Inc. now owns 887,449 shares of the company’s stock worth $24,378,000 after purchasing an additional 493,841 shares during the period. Citizens & Northern Corp raised its position in shares of Fidelity MSCI Real Estate Index ETF by 0.9% during the first quarter. Citizens & Northern Corp now owns 790,369 shares of the company’s stock worth $21,711,000 after purchasing an additional 7,302 shares during the period. Truefg LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 4.2% during the first quarter. Truefg LLC now owns 587,099 shares of the company’s stock worth $16,128,000 after purchasing an additional 23,534 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 2.3% during the first quarter. Commonwealth Equity Services LLC now owns 579,677 shares of the company’s stock worth $15,924,000 after purchasing an additional 12,870 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 0.5%

Shares of NYSEARCA:FREL opened at $27.91 on Thursday. Fidelity MSCI Real Estate Index ETF has a twelve month low of $23.35 and a twelve month high of $30.07. The stock’s 50 day moving average is $27.32 and its 200-day moving average is $27.14. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 34.96 and a beta of 0.91.

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.