Fidelity MSCI Real Estate Index ETF $FREL Shares Bought by Marotta Asset Management

Marotta Asset Management lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 16.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 252,566 shares of the company’s stock after acquiring an additional 35,105 shares during the quarter. Fidelity MSCI Real Estate Index ETF accounts for about 1.3% of Marotta Asset Management’s investment portfolio, making the stock its 27th biggest position. Marotta Asset Management owned approximately 0.51% of Fidelity MSCI Real Estate Index ETF worth $6,819,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Jones Financial Companies Lllp boosted its holdings in Fidelity MSCI Real Estate Index ETF by 1,833.6% in the first quarter. Jones Financial Companies Lllp now owns 13,632 shares of the company’s stock valued at $374,000 after purchasing an additional 12,927 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter valued at approximately $303,000. JPMorgan Chase & Co. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 33.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,975 shares of the company’s stock valued at $1,541,000 after purchasing an additional 14,334 shares in the last quarter. Diversify Advisory Services LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 26.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 50,011 shares of the company’s stock valued at $1,351,000 after purchasing an additional 10,574 shares in the last quarter. Finally, Diversify Wealth Management LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 2.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 150,809 shares of the company’s stock valued at $4,073,000 after buying an additional 3,321 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA FREL opened at $29.79 on Friday. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 34.96 and a beta of 0.98. Fidelity MSCI Real Estate Index ETF has a 12 month low of $26.37 and a 12 month high of $30.13. The company’s fifty day moving average price is $29.24 and its two-hundred day moving average price is $28.29.

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.