Elevated Capital Advisors LLC Makes New Investment in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Elevated Capital Advisors LLC bought a new position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,675 shares of the company’s stock, valued at approximately $285,000.

Other institutional investors also recently modified their holdings of the company. Atlas Capital Advisors LLC grew its position in shares of Fidelity MSCI Real Estate Index ETF by 36.2% during the 1st quarter. Atlas Capital Advisors LLC now owns 15,411 shares of the company’s stock worth $402,000 after buying an additional 4,100 shares during the period. Sunbelt Securities Inc. grew its position in shares of Fidelity MSCI Real Estate Index ETF by 3.0% during the 1st quarter. Sunbelt Securities Inc. now owns 17,413 shares of the company’s stock worth $454,000 after buying an additional 502 shares during the period. Physician Wealth Advisors Inc. grew its position in shares of Fidelity MSCI Real Estate Index ETF by 0.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 220,307 shares of the company’s stock worth $5,263,000 after buying an additional 1,577 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Fidelity MSCI Real Estate Index ETF by 17.0% during the 1st quarter. J.W. Cole Advisors Inc. now owns 21,809 shares of the company’s stock worth $569,000 after buying an additional 3,166 shares during the period. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 1st quarter worth approximately $3,348,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA:FREL opened at $29.20 on Thursday. Fidelity MSCI Real Estate Index ETF has a one year low of $21.24 and a one year high of $30.07. The company has a 50 day moving average of $28.95 and a 200-day moving average of $26.70. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02.

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.