Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Stock Position Increased by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group increased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 54.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 167,930 shares of the company’s stock after acquiring an additional 58,993 shares during the period. Rehmann Capital Advisory Group owned approximately 0.45% of Fidelity MSCI Real Estate Index ETF worth $4,536,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FREL. Lido Advisors LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 4.1% during the fourth quarter. Lido Advisors LLC now owns 1,207,751 shares of the company’s stock worth $32,633,000 after purchasing an additional 47,682 shares during the period. Johnson Financial Group Inc. boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 60.0% in the 4th quarter. Johnson Financial Group Inc. now owns 1,600 shares of the company’s stock valued at $44,000 after purchasing an additional 600 shares during the period. OneDigital Investment Advisors LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 15.8% in the 4th quarter. OneDigital Investment Advisors LLC now owns 16,822 shares of the company’s stock worth $455,000 after purchasing an additional 2,290 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the 4th quarter worth about $123,000. Finally, MML Investors Services LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 45.2% during the fourth quarter. MML Investors Services LLC now owns 134,835 shares of the company’s stock valued at $3,643,000 after buying an additional 41,947 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Fidelity MSCI Real Estate Index ETF stock opened at $26.66 on Wednesday. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.35 and a fifty-two week high of $30.07. The firm’s 50 day simple moving average is $26.90 and its 200-day simple moving average is $27.67. The company has a market cap of $1.03 billion, a P/E ratio of 32.16 and a beta of 1.00.

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.