Larson Financial Group LLC Buys 4,155 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Larson Financial Group LLC increased its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 330.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,412 shares of the company’s stock after acquiring an additional 4,155 shares during the quarter. Larson Financial Group LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $146,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in Fidelity MSCI Real Estate Index ETF by 16.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock valued at $89,000 after purchasing an additional 479 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at about $322,000. Townsquare Capital LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 7.4% during the third quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock valued at $370,000 after buying an additional 869 shares during the last quarter. Principal Securities Inc. increased its position in shares of Fidelity MSCI Real Estate Index ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock worth $134,000 after acquiring an additional 527 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 36.1% in the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 11,131 shares of the company’s stock worth $301,000 after acquiring an additional 2,955 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL opened at $27.42 on Wednesday. The firm has a market capitalization of $1.00 billion, a P/E ratio of 33.99 and a beta of 1.07. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week high of $30.07. The stock has a 50 day moving average price of $27.50 and a two-hundred day moving average price of $28.33.

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.