109,939 Shares of Fidelity MSCI Real Estate Index ETF $FREL Bought by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 109,939 shares of the company’s stock, valued at approximately $2,988,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Compass Financial Management LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the second quarter worth $43,000. Fifth Third Bancorp grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 180.3% during the first quarter. Fifth Third Bancorp now owns 1,881 shares of the company’s stock valued at $51,000 after buying an additional 1,210 shares during the last quarter. Talon Private Wealth LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the first quarter valued at about $221,000. Brookstone Capital Management acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the third quarter valued at about $317,000. Finally, Ameritas Advisory Services LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 33.9% during the second quarter. Ameritas Advisory Services LLC now owns 11,500 shares of the company’s stock worth $337,000 after acquiring an additional 2,911 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA:FREL opened at $28.50 on Friday. Fidelity MSCI Real Estate Index ETF has a one year low of $26.37 and a one year high of $30.92. The company has a market cap of $1.40 billion, a PE ratio of 34.96 and a beta of 0.97. The firm has a 50-day moving average of $28.25 and a 200-day moving average of $28.70.

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.