Blue Barn Wealth LLC Increases Stock Holdings in Fidelity MSCI Real Estate Index ETF $FREL

Blue Barn Wealth LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,775 shares of the company’s stock after buying an additional 3,705 shares during the period. Fidelity MSCI Real Estate Index ETF comprises approximately 1.5% of Blue Barn Wealth LLC’s investment portfolio, making the stock its 16th largest holding. Blue Barn Wealth LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $3,266,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FREL. Cullen Frost Bankers Inc. purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the 1st quarter valued at approximately $63,000. Smartleaf Asset Management LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 45.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,850 shares of the company’s stock valued at $132,000 after buying an additional 1,511 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 25.3% during the 1st quarter. Principal Securities Inc. now owns 6,207 shares of the company’s stock valued at $168,000 after buying an additional 1,253 shares in the last quarter. Stone House Investment Management LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the 1st quarter valued at approximately $169,000. Finally, Capital Investment Advisory Services LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 247.8% during the 1st quarter. Capital Investment Advisory Services LLC now owns 7,019 shares of the company’s stock valued at $193,000 after buying an additional 5,001 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA:FREL opened at $27.07 on Wednesday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.35 and a 1 year high of $30.02. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 34.96 and a beta of 1.03. The business’s 50 day moving average price is $27.66 and its 200-day moving average price is $27.32.

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.