Corient Private Wealth LLC Buys Shares of 7,489 Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Corient Private Wealth LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,489 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds have also modified their holdings of FREL. Townsquare Capital LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 7.4% during the 3rd quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock worth $370,000 after purchasing an additional 869 shares during the period. Sunbelt Securities Inc. lifted its stake in Fidelity MSCI Real Estate Index ETF by 99.4% during the third quarter. Sunbelt Securities Inc. now owns 34,447 shares of the company’s stock worth $1,016,000 after purchasing an additional 17,175 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Fidelity MSCI Real Estate Index ETF during the third quarter worth $206,000. Marotta Asset Management boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 1.4% during the fourth quarter. Marotta Asset Management now owns 143,514 shares of the company’s stock worth $3,842,000 after buying an additional 2,029 shares during the period. Finally, Elevated Capital Advisors LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 152.4% in the fourth quarter. Elevated Capital Advisors LLC now owns 24,421 shares of the company’s stock valued at $660,000 after buying an additional 14,746 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.1 %

FREL opened at $27.49 on Wednesday. The stock’s 50-day moving average price is $27.67 and its 200 day moving average price is $28.16. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.61 and a 12-month high of $30.07. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 32.20 and a beta of 1.08.

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.