Fidelity MSCI Real Estate Index ETF $FREL Shares Sold by Blue Barn Wealth LLC

Blue Barn Wealth LLC decreased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 52.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 61,375 shares of the company’s stock after selling 68,953 shares during the period. Fidelity MSCI Real Estate Index ETF comprises 2.4% of Blue Barn Wealth LLC’s investment portfolio, making the stock its 12th biggest holding. Blue Barn Wealth LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,650,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FREL. Flagship Harbor Advisors LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $26,000. Atlantic Union Bankshares Corp grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 81.7% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after purchasing an additional 817 shares during the period. Stone House Investment Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 33.0% during the 4th quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock worth $60,000 after purchasing an additional 550 shares during the period. Everstar Asset Management LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $114,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 3rd quarter worth approximately $139,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA FREL opened at $28.67 on Thursday. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 34.96 and a beta of 1.00. Fidelity MSCI Real Estate Index ETF has a 12 month low of $26.37 and a 12 month high of $29.67. The firm’s 50 day simple moving average is $28.53 and its 200-day simple moving average is $27.97.

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.