Fidelity MSCI Real Estate Index ETF $FREL Shares Sold by Pure Financial Advisors LLC

Pure Financial Advisors LLC lowered its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 410,078 shares of the company’s stock after selling 6,331 shares during the quarter. Pure Financial Advisors LLC owned approximately 1.10% of Fidelity MSCI Real Estate Index ETF worth $11,088,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FREL. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 125.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 887,449 shares of the company’s stock valued at $24,378,000 after purchasing an additional 493,841 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 1,220.0% in the 1st quarter. Cetera Investment Advisers now owns 192,178 shares of the company’s stock valued at $5,279,000 after purchasing an additional 177,619 shares during the last quarter. AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 110.7% in the 1st quarter. AGF Management Ltd. now owns 298,678 shares of the company’s stock valued at $8,205,000 after purchasing an additional 156,924 shares during the last quarter. AE Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 15.2% in the 1st quarter. AE Wealth Management LLC now owns 1,026,029 shares of the company’s stock valued at $28,185,000 after purchasing an additional 135,000 shares during the last quarter. Finally, Heck Capital Advisors LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 131.5% in the 1st quarter. Heck Capital Advisors LLC now owns 209,065 shares of the company’s stock valued at $5,743,000 after purchasing an additional 118,757 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Up 0.1%

Shares of FREL opened at $27.83 on Thursday. The company’s fifty day moving average is $27.61 and its two-hundred day moving average is $27.13. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.35 and a fifty-two week high of $30.02. The firm has a market cap of $1.04 billion, a PE ratio of 34.96 and a beta of 0.91.

Fidelity MSCI Real Estate Index ETF Company 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.