Northwest Wealth Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,669 shares of the company’s stock, valued at approximately $690,000. Northwest Wealth Advisors LLC owned approximately 0.05% of Fidelity MSCI Real Estate Index ETF at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in Fidelity MSCI Real Estate Index ETF by 81.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 966,894 shares of the company’s stock valued at $26,889,000 after acquiring an additional 434,332 shares during the last quarter. AE Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 30.8% in the 4th quarter. AE Wealth Management LLC now owns 1,614,618 shares of the company’s stock worth $43,417,000 after acquiring an additional 380,393 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 82.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 761,510 shares of the company’s stock worth $21,178,000 after purchasing an additional 344,617 shares during the period. Citizens & Northern Corp grew its holdings in Fidelity MSCI Real Estate Index ETF by 32.2% during the 4th quarter. Citizens & Northern Corp now owns 1,087,071 shares of the company’s stock valued at $29,231,000 after purchasing an additional 264,741 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Fidelity MSCI Real Estate Index ETF by 3,750,100.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 150,008 shares of the company’s stock worth $4,172,000 after purchasing an additional 150,004 shares during the period.
Fidelity MSCI Real Estate Index ETF Price Performance
Shares of NYSEARCA:FREL opened at $29.36 on Friday. The firm has a market capitalization of $1.45 billion, a PE ratio of 34.96 and a beta of 1.00. The business has a 50 day simple moving average of $28.28 and a two-hundred day simple moving average of $27.85. Fidelity MSCI Real Estate Index ETF has a 1 year low of $26.19 and a 1 year high of $29.56.
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.
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