Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Sold by Balanced Wealth Group LLC

Balanced Wealth Group LLC decreased its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 3.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,897 shares of the company’s stock after selling 999 shares during the quarter. Balanced Wealth Group LLC owned 0.07% of Fidelity MSCI Real Estate Index ETF worth $624,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 50,689 shares of the company’s stock valued at $1,284,000 after buying an additional 2,502 shares during the period. AE Wealth Management LLC grew its position 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 valued at $15,838,000 after acquiring an additional 141,975 shares in the last quarter. SigFig Wealth Management LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 2.7% during the second quarter. SigFig Wealth Management LLC now owns 110,006 shares of the company’s stock worth $2,787,000 after purchasing an additional 2,856 shares during the period. Black Diamond Financial LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 31.0% during the second 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. Finally, Diversify Wealth Management LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the second quarter valued at approximately $3,177,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL stock opened at $29.37 on Friday. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $21.24 and a fifty-two week high of $30.07. The company has a 50 day moving average price of $28.06 and a 200 day moving average price of $26.16. The stock has a market capitalization of $1.09 billion, a P/E ratio of 25.77 and a beta of 1.02.

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.