HF Advisory Group LLC Grows Stock Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

HF Advisory Group LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 10.5% in the 4th quarter, Holdings Channel reports. The firm owned 28,635 shares of the company’s stock after purchasing an additional 2,728 shares during the period. HF Advisory Group LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $763,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 557.0% in the first quarter. US Bancorp DE now owns 12,589 shares of the company’s stock valued at $408,000 after acquiring an additional 10,673 shares during the period. Blair William & Co. IL grew its position in Fidelity MSCI Real Estate Index ETF by 271.7% during the 1st quarter. Blair William & Co. IL now owns 13,644 shares of the company’s stock worth $442,000 after purchasing an additional 9,973 shares during the last quarter. Cetera Investment Advisers increased its stake in Fidelity MSCI Real Estate Index ETF by 23.3% in the first quarter. Cetera Investment Advisers now owns 13,471 shares of the company’s stock valued at $436,000 after purchasing an additional 2,544 shares during the period. Prudential Financial Inc. raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 37.5% in the first quarter. Prudential Financial Inc. now owns 13,854 shares of the company’s stock valued at $449,000 after buying an additional 3,782 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the 1st quarter worth approximately $453,000.

Fidelity MSCI Real Estate Index ETF Stock Up 0.2 %

Shares of NYSEARCA FREL traded up $0.04 during mid-day trading on Thursday, hitting $23.75. 29,592 shares of the company were exchanged, compared to its average volume of 188,780. The stock has a 50 day simple moving average of $25.52 and a 200-day simple moving average of $24.83. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $27.06. The firm has a market cap of $881.13 million, a price-to-earnings ratio of 26.44 and a beta of 1.02.

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.