Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Sold by Creative Planning

Creative Planning reduced its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 263,418 shares of the company’s stock after selling 8,029 shares during the quarter. Creative Planning owned 0.71% of Fidelity MSCI Real Estate Index ETF worth $7,766,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FREL. Palisades Hudson Asset Management L.P. increased its stake in Fidelity MSCI Real Estate Index ETF by 0.8% in the 2nd quarter. Palisades Hudson Asset Management L.P. now owns 56,951 shares of the company’s stock worth $1,443,000 after purchasing an additional 479 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Fidelity MSCI Real Estate Index ETF by 3.0% in the first quarter. Sunbelt Securities Inc. now owns 17,413 shares of the company’s stock worth $454,000 after acquiring an additional 502 shares in the last quarter. Lynch & Associates IN raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.7% during the second quarter. Lynch & Associates IN now owns 11,071 shares of the company’s stock valued at $281,000 after acquiring an additional 599 shares during the period. PFG Advisors raised its stake in Fidelity MSCI Real Estate Index ETF by 9.2% during the 1st quarter. PFG Advisors now owns 9,177 shares of the company’s stock valued at $239,000 after purchasing an additional 775 shares during the period. Finally, First National Corp MA ADV raised its position in Fidelity MSCI Real Estate Index ETF by 1.7% during the third quarter. First National Corp MA ADV now owns 52,934 shares of the company’s stock valued at $1,560,000 after buying an additional 869 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA FREL opened at $29.20 on Thursday. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The company has a 50 day simple moving average of $28.95 and a 200-day simple moving average of $26.70. Fidelity MSCI Real Estate Index ETF has a 52-week low of $21.24 and a 52-week 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.