Dynamic Advisor Solutions LLC Acquires 3,097 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Dynamic Advisor Solutions LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 224,225 shares of the company’s stock after acquiring an additional 3,097 shares during the quarter. Dynamic Advisor Solutions LLC owned about 0.60% of Fidelity MSCI Real Estate Index ETF worth $6,610,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FREL. AE Wealth Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 29.4% in the 2nd quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock worth $15,838,000 after buying an additional 141,975 shares in the last quarter. Diversify Advisory Services LLC bought a new position in Fidelity MSCI Real Estate Index ETF in the first quarter valued at $3,348,000. Diversify Wealth Management LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF during the second quarter valued at about $3,177,000. Citizens & Northern Corp lifted its stake in Fidelity MSCI Real Estate Index ETF by 16.9% during the second quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock worth $19,373,000 after purchasing an additional 110,801 shares during the last quarter. Finally, Black Diamond Financial LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 31.0% in the 2nd quarter. Black Diamond Financial LLC now owns 434,473 shares of the company’s stock worth $11,010,000 after purchasing an additional 102,865 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.0 %

Shares of NYSEARCA FREL opened at $28.57 on Wednesday. The stock’s 50-day moving average is $28.59 and its 200 day moving average is $26.44. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $30.07.

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.