Independent Solutions Wealth Management LLC Purchases 1,626 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Independent Solutions Wealth Management LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 1.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 114,667 shares of the company’s stock after purchasing an additional 1,626 shares during the period. Independent Solutions Wealth Management LLC owned 0.30% of Fidelity MSCI Real Estate Index ETF worth $3,150,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Essential Planning LLC. boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 6,175.9% during the 4th quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock worth $227,231,000 after acquiring an additional 7,813,298 shares during the period. Lido Advisors LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 4.1% in the fourth quarter. Lido Advisors LLC now owns 1,207,751 shares of the company’s stock valued at $32,633,000 after purchasing an additional 47,682 shares during the last quarter. Citizens & Northern Corp raised its position in shares of Fidelity MSCI Real Estate Index ETF by 0.9% in the first quarter. Citizens & Northern Corp now owns 790,369 shares of the company’s stock valued at $21,711,000 after purchasing an additional 7,302 shares during the period. Truefg LLC lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 4.2% during the 1st quarter. Truefg LLC now owns 587,099 shares of the company’s stock worth $16,128,000 after buying an additional 23,534 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 26.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 566,807 shares of the company’s stock worth $15,315,000 after buying an additional 118,562 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of FREL opened at $27.44 on Wednesday. The firm’s 50-day simple moving average is $26.91 and its 200 day simple moving average is $27.13. The firm has a market cap of $1.07 billion, a P/E ratio of 34.96 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.35 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.