Riverpoint Wealth Management Holdings LLC Acquires 30,529 Shares of Fidelity MSCI Real Estate Index ETF $FREL

Riverpoint Wealth Management Holdings LLC grew its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 497,905 shares of the company’s stock after buying an additional 30,529 shares during the quarter. Fidelity MSCI Real Estate Index ETF comprises 3.0% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 10th biggest holding. Riverpoint Wealth Management Holdings LLC owned 1.27% of Fidelity MSCI Real Estate Index ETF worth $13,847,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Independent Solutions Wealth Management LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 0.3% during the third quarter. Independent Solutions Wealth Management LLC now owns 115,915 shares of the company’s stock worth $3,224,000 after acquiring an additional 404 shares during the period. Snider Financial Group boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 2.7% during the 2nd quarter. Snider Financial Group now owns 16,519 shares of the company’s stock worth $447,000 after purchasing an additional 432 shares in the last quarter. Essential Planning LLC. boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 0.4% during the 3rd quarter. Essential Planning LLC. now owns 131,973 shares of the company’s stock worth $3,670,000 after purchasing an additional 470 shares in the last quarter. First National Corp MA ADV grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.8% during the 3rd quarter. First National Corp MA ADV now owns 62,318 shares of the company’s stock worth $1,734,000 after purchasing an additional 482 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 81.7% in the third quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock valued at $51,000 after purchasing an additional 817 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Down 0.1%

Shares of FREL opened at $27.26 on Wednesday. The firm’s 50-day moving average is $27.27 and its two-hundred day moving average is $27.43. Fidelity MSCI Real Estate Index ETF has a twelve month low of $23.35 and a twelve month high of $28.75. The firm has a market capitalization of $1.35 billion, a P/E ratio of 34.96 and a beta of 1.03.

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.