Lodestar Private Asset Management LLC Raises Stake in Fidelity MSCI Real Estate Index ETF $FREL

Lodestar Private Asset Management LLC boosted its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,751 shares of the company’s stock after acquiring an additional 2,455 shares during the quarter. Lodestar Private Asset Management LLC owned 0.19% of Fidelity MSCI Real Estate Index ETF worth $1,940,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter valued at approximately $63,000. Smartleaf Asset Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 45.3% in the first quarter. Smartleaf Asset Management LLC now owns 4,850 shares of the company’s stock worth $132,000 after acquiring an additional 1,511 shares during the period. Principal Securities Inc. lifted its position in Fidelity MSCI Real Estate Index ETF by 25.3% during the first quarter. Principal Securities Inc. now owns 6,207 shares of the company’s stock valued at $168,000 after purchasing an additional 1,253 shares in the last quarter. Stone House Investment Management LLC purchased a new position in Fidelity MSCI Real Estate Index ETF during the first quarter valued at $169,000. Finally, Capital Investment Advisory Services LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 247.8% in the first quarter. Capital Investment Advisory Services LLC now owns 7,019 shares of the company’s stock worth $193,000 after buying an additional 5,001 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL opened at $26.82 on Friday. Fidelity MSCI Real Estate Index ETF has a one year low of $23.35 and a one year high of $30.02. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 34.96 and a beta of 0.91. The stock’s 50 day moving average price is $27.60 and its 200-day moving average price is $27.12.

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.