Fidelity MSCI Real Estate Index ETF $FREL Shares Sold by Schoolcraft Capital LLC

Schoolcraft Capital LLC cut its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 20.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 91,428 shares of the company’s stock after selling 23,071 shares during the period. Fidelity MSCI Real Estate Index ETF makes up 0.5% of Schoolcraft Capital LLC’s holdings, making the stock its 29th largest position. Schoolcraft Capital LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,472,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp purchased a new position in Fidelity MSCI Real Estate Index ETF during the 1st quarter worth approximately $1,419,000. CWM LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 19.8% during the first quarter. CWM LLC now owns 8,131 shares of the company’s stock worth $223,000 after purchasing an additional 1,344 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 11.4% during the first quarter. J.W. Cole Advisors Inc. now owns 31,848 shares of the company’s stock worth $875,000 after purchasing an additional 3,250 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Fidelity MSCI Real Estate Index ETF by 125.5% during the first quarter. Envestnet Asset Management Inc. now owns 887,449 shares of the company’s stock valued at $24,378,000 after purchasing an additional 493,841 shares during the period. Finally, IFP Advisors Inc boosted its holdings in Fidelity MSCI Real Estate Index ETF by 175.4% in the first quarter. IFP Advisors Inc now owns 25,534 shares of the company’s stock valued at $701,000 after purchasing an additional 16,261 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

NYSEARCA FREL opened at $28.10 on Friday. The firm has a market capitalization of $1.10 billion, a P/E ratio of 34.96 and a beta of 0.91. The stock has a 50-day simple moving average of $27.71 and a two-hundred day simple moving average of $27.22. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.35 and a fifty-two week high of $30.02.

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.