Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $29.60 and last traded at $29.58, with a volume of 24887 shares changing hands. The stock had previously closed at $29.36.
Fidelity MSCI Real Estate Index ETF Stock Performance
The business’s 50-day moving average is $28.33 and its two-hundred day moving average is $27.88. The stock has a market capitalization of $1.46 billion, a PE ratio of 34.96 and a beta of 1.00.
Institutional Investors Weigh In On Fidelity MSCI Real Estate Index ETF
Several institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 1,833.6% in the 1st quarter. Jones Financial Companies Lllp now owns 13,632 shares of the company’s stock worth $374,000 after buying an additional 12,927 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter worth about $303,000. JPMorgan Chase & Co. boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 33.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,975 shares of the company’s stock worth $1,541,000 after buying an additional 14,334 shares in the last quarter. Diversify Advisory Services LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 26.8% in the 2nd quarter. Diversify Advisory Services LLC now owns 50,011 shares of the company’s stock worth $1,351,000 after buying an additional 10,574 shares in the last quarter. Finally, Diversify Wealth Management LLC boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 2.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 150,809 shares of the company’s stock worth $4,073,000 after buying an additional 3,321 shares in the last quarter.
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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