Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Stock Holdings Boosted by Truefg LLC

Truefg LLC grew its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 563,565 shares of the company’s stock after acquiring an additional 15,103 shares during the quarter. Fidelity MSCI Real Estate Index ETF accounts for approximately 5.0% of Truefg LLC’s portfolio, making the stock its 7th largest holding. Truefg LLC owned about 1.52% of Fidelity MSCI Real Estate Index ETF worth $15,228,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Townsquare Capital LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 7.4% in the 3rd quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock worth $370,000 after buying an additional 869 shares during the last quarter. Essential Planning LLC. boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 0.4% in the 3rd quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock worth $3,729,000 after buying an additional 563 shares during the last quarter. Clarity Asset Management Inc. boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 16.4% in the 2nd quarter. Clarity Asset Management Inc. now owns 19,200 shares of the company’s stock worth $487,000 after buying an additional 2,711 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 2.7% in the 3rd quarter. RFG Advisory LLC now owns 128,865 shares of the company’s stock worth $3,799,000 after buying an additional 3,339 shares during the last quarter. Finally, Asset Management Group Inc. boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 0.6% in the 3rd quarter. Asset Management Group Inc. now owns 72,384 shares of the company’s stock worth $2,134,000 after buying an additional 401 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of NYSEARCA:FREL opened at $27.19 on Friday. The company’s 50-day moving average is $27.99 and its 200 day moving average is $28.07. The company has a market capitalization of $1.01 billion, a P/E ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.61 and a fifty-two week high of $30.07.

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.