SigFig Wealth Management LLC Has $2.84 Million Stake in Fidelity MSCI Real Estate Index ETF $FREL

SigFig Wealth Management LLC trimmed its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,737 shares of the company’s stock after selling 3,121 shares during the quarter. SigFig Wealth Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,842,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new position in Fidelity MSCI Real Estate Index ETF during the first quarter worth $63,000. Smartleaf Asset Management LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 45.3% during the first quarter. Smartleaf Asset Management LLC now owns 4,850 shares of the company’s stock worth $132,000 after acquiring an additional 1,511 shares in the last quarter. Principal Securities Inc. raised its stake in Fidelity MSCI Real Estate Index ETF by 25.3% during the first quarter. Principal Securities Inc. now owns 6,207 shares of the company’s stock worth $168,000 after acquiring an additional 1,253 shares in the last quarter. Stone House Investment Management LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the first quarter worth $169,000. Finally, Capital Investment Advisory Services LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 247.8% during the first quarter. Capital Investment Advisory Services LLC now owns 7,019 shares of the company’s stock worth $193,000 after acquiring an additional 5,001 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Fidelity MSCI Real Estate Index ETF stock opened at $27.81 on Wednesday. The stock has a fifty day moving average price of $27.62 and a two-hundred day moving average price of $27.13. Fidelity MSCI Real Estate Index ETF has a 52-week low of $23.35 and a 52-week high of $30.02. The firm has a market capitalization of $1.04 billion, a P/E ratio of 34.96 and a beta of 0.91.

Fidelity MSCI Real Estate Index ETF 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.