Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Stake Lowered by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc decreased its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,797 shares of the company’s stock after selling 704 shares during the period. Glass Jacobson Investment Advisors llc owned 0.10% of Fidelity MSCI Real Estate Index ETF worth $958,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Palisades Hudson Asset Management L.P. lifted its stake in Fidelity MSCI Real Estate Index ETF by 0.8% in the second quarter. Palisades Hudson Asset Management L.P. now owns 56,951 shares of the company’s stock valued at $1,443,000 after buying an additional 479 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Fidelity MSCI Real Estate Index ETF by 3.0% during the 1st quarter. Sunbelt Securities Inc. now owns 17,413 shares of the company’s stock valued at $454,000 after purchasing an additional 502 shares during the period. Lynch & Associates IN boosted its stake in Fidelity MSCI Real Estate Index ETF by 5.7% during the 2nd quarter. Lynch & Associates IN now owns 11,071 shares of the company’s stock valued at $281,000 after purchasing an additional 599 shares during the period. PFG Advisors grew its position in Fidelity MSCI Real Estate Index ETF by 9.2% in the 1st quarter. PFG Advisors now owns 9,177 shares of the company’s stock worth $239,000 after purchasing an additional 775 shares during the last quarter. Finally, Disciplined Investments LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 8.9% in the first quarter. Disciplined Investments LLC now owns 12,699 shares of the company’s stock valued at $331,000 after purchasing an additional 1,036 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Down 0.1 %

Shares of NYSEARCA FREL opened at $29.68 on Thursday. Fidelity MSCI Real Estate Index ETF has a 12-month low of $21.24 and a 12-month high of $30.07. The company has a market cap of $1.10 billion, a PE ratio of 25.77 and a beta of 1.02. The stock has a 50 day simple moving average of $27.93 and a 200-day simple moving average of $26.11.

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.