Capital Analysts LLC Sells 4,176 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Capital Analysts LLC cut its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,813 shares of the company’s stock after selling 4,176 shares during the quarter. Capital Analysts LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $528,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Brinker Capital Investments LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 0.9% during the 1st quarter. Brinker Capital Investments LLC now owns 41,801 shares of the company’s stock valued at $1,354,000 after purchasing an additional 374 shares during the last quarter. First Republic Investment Management Inc. lifted its holdings in Fidelity MSCI Real Estate Index ETF by 0.7% during the 4th quarter. First Republic Investment Management Inc. now owns 54,924 shares of the company’s stock valued at $1,363,000 after purchasing an additional 379 shares during the last quarter. NorthLanding Financial Partners LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 2.5% during the 3rd quarter. NorthLanding Financial Partners LLC now owns 20,519 shares of the company’s stock valued at $467,000 after purchasing an additional 496 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 3.2% during the third quarter. Rehmann Capital Advisory Group now owns 18,907 shares of the company’s stock worth $430,000 after buying an additional 581 shares in the last quarter. Finally, PCA Investment Advisory Services Inc. lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 4.9% during the third quarter. PCA Investment Advisory Services Inc. now owns 12,974 shares of the company’s stock worth $295,000 after buying an additional 602 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL opened at $23.71 on Thursday. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $21.24 and a fifty-two week high of $27.06. The company has a market capitalization of $879.64 million, a P/E ratio of 26.44 and a beta of 1.02. The stock has a fifty day moving average of $25.52 and a 200-day moving average of $24.83.

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.