Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $30.72 and last traded at $30.66, with a volume of 46964 shares. The stock had previously closed at $30.59.
Fidelity MSCI Real Estate Index ETF Price Performance
The stock’s 50 day simple moving average is $29.52 and its two-hundred day simple moving average is $28.63. The stock has a market capitalization of $1.52 billion, a PE ratio of 34.96 and a beta of 0.98.
Institutional Trading of Fidelity MSCI Real Estate Index ETF
Several hedge funds have recently made changes to their positions in FREL. Bank of America Corp DE increased its holdings in Fidelity MSCI Real Estate Index ETF by 25,321.8% in the 1st quarter. Bank of America Corp DE now owns 10,268,643 shares of the company’s stock worth $276,329,000 after acquiring an additional 10,228,250 shares during the last quarter. AE Wealth Management LLC boosted its position in Fidelity MSCI Real Estate Index ETF by 30.8% during the fourth quarter. AE Wealth Management LLC now owns 1,614,618 shares of the company’s stock worth $43,417,000 after purchasing an additional 380,393 shares during the period. Citizens & Northern Corp increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 32.2% in the fourth quarter. Citizens & Northern Corp now owns 1,087,071 shares of the company’s stock worth $29,231,000 after purchasing an additional 264,741 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 7.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 815,738 shares of the company’s stock valued at $21,935,000 after purchasing an additional 54,228 shares during the period. Finally, Black Diamond Financial LLC lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 10.9% during the 4th quarter. Black Diamond Financial LLC now owns 752,837 shares of the company’s stock valued at $20,244,000 after buying an additional 74,069 shares in the last quarter.
Fidelity MSCI Real Estate Index ETF Company 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.
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