51,677 Shares in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC bought a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 51,677 shares of the company’s stock, valued at approximately $1,377,000. RWA Wealth Partners LLC owned approximately 0.13% of Fidelity MSCI Real Estate Index ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. acquired a new stake in Fidelity MSCI Real Estate Index ETF during the 4th quarter worth $44,000. Fortitude Family Office LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the 4th quarter worth $54,000. Thompson Investment Management Inc. lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 184.5% in the 4th quarter. Thompson Investment Management Inc. now owns 7,838 shares of the company’s stock worth $209,000 after acquiring an additional 5,083 shares during the period. Fingerlakes Wealth Management Inc. acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter worth $213,000. Finally, Cordant Inc. acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter worth $213,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL stock opened at $24.26 on Wednesday. Fidelity MSCI Real Estate Index ETF has a one year low of $21.24 and a one year high of $27.06. The stock has a market capitalization of $900.05 million, a PE ratio of 26.44 and a beta of 1.02. The company has a fifty day moving average of $25.41 and a 200-day moving average of $24.90.

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.