AE Wealth Management LLC Purchases 141,975 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

AE Wealth Management LLC raised its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 29.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 625,027 shares of the company’s stock after acquiring an additional 141,975 shares during the period. AE Wealth Management LLC owned about 1.68% of Fidelity MSCI Real Estate Index ETF worth $15,838,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of FREL. Diversify Advisory Services LLC bought a new stake in Fidelity MSCI Real Estate Index ETF in the 1st quarter valued at approximately $3,348,000. Diversify Wealth Management LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth approximately $3,177,000. Citizens & Northern Corp increased its position in shares of Fidelity MSCI Real Estate Index ETF by 16.9% during the 2nd 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. Black Diamond Financial LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 31.0% during 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 during the last quarter. Finally, Orion Portfolio Solutions LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $2,293,000.

Fidelity MSCI Real Estate Index ETF Stock Down 0.3 %

NYSEARCA:FREL opened at $29.37 on Friday. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a twelve month low of $21.24 and a twelve month high of $30.07. The stock’s 50 day moving average price is $28.06 and its two-hundred day moving average price is $26.16.

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.