Lido Advisors LLC Acquires 47,682 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 4.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,207,751 shares of the company’s stock after buying an additional 47,682 shares during the quarter. Lido Advisors LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $32,633,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 16.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock valued at $89,000 after purchasing an additional 479 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at $322,000. JPMorgan Chase & Co. grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 48,161 shares of the company’s stock valued at $1,301,000 after purchasing an additional 2,257 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 18.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 393,608 shares of the company’s stock valued at $10,635,000 after purchasing an additional 60,513 shares during the last quarter. Finally, Principal Securities Inc. grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 11.9% during the 4th quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock valued at $134,000 after purchasing an additional 527 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL stock opened at $26.37 on Monday. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.35 and a 52 week high of $30.07. The firm’s fifty day moving average is $26.96 and its 200 day moving average is $27.69. The firm has a market cap of $1.02 billion, a P/E ratio of 32.16 and a beta of 1.00.

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.