Fidelity MSCI Real Estate Index ETF $FREL Holdings Lifted by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC boosted its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 4.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 599,466 shares of the company’s stock after purchasing an additional 25,367 shares during the period. Fidelity MSCI Real Estate Index ETF comprises 3.0% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 11th biggest position. Riverpoint Wealth Management Holdings LLC owned approximately 1.22% of Fidelity MSCI Real Estate Index ETF worth $16,293,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Fidelity MSCI Real Estate Index ETF by 25,321.8% in the 1st quarter. Bank of America Corp DE now owns 10,268,643 shares of the company’s stock valued at $276,329,000 after buying an additional 10,228,250 shares during the last quarter. Lido Advisors LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the 3rd quarter worth approximately $36,098,000. Black Diamond Financial LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 10.6% in the 3rd quarter. Black Diamond Financial LLC now owns 992,015 shares of the company’s stock worth $26,963,000 after buying an additional 94,679 shares during the last quarter. Citizens & Northern Corp bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the third quarter valued at approximately $26,725,000. Finally, Truefg LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 3.0% in the third quarter. Truefg LLC now owns 728,436 shares of the company’s stock valued at $19,799,000 after acquiring an additional 21,159 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.1%

Shares of FREL traded up $0.03 on Friday, reaching $29.29. 220,984 shares of the company’s stock traded hands, compared to its average volume of 336,889. The stock has a market cap of $1.44 billion, a PE ratio of 30.40 and a beta of 0.95. The stock’s 50 day simple moving average is $28.19 and its two-hundred day simple moving average is $28.78. Fidelity MSCI Real Estate Index ETF has a 52-week low of $26.37 and a 52-week high of $30.92.

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.