Raymond James & Associates Decreases Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Raymond James & Associates decreased its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,717 shares of the company’s stock after selling 2,408 shares during the period. Raymond James & Associates owned 0.19% of Fidelity MSCI Real Estate Index ETF worth $2,075,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FREL. AE Wealth Management LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 27.4% during the 2nd quarter. AE Wealth Management LLC now owns 300,766 shares of the company’s stock valued at $7,546,000 after purchasing an additional 64,656 shares in the last quarter. Physician Wealth Advisors Inc. increased its stake in Fidelity MSCI Real Estate Index ETF by 1.6% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 210,359 shares of the company’s stock valued at $5,330,000 after purchasing an additional 3,298 shares in the last quarter. Curi Wealth Management LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 2.0% during the 1st quarter. Curi Wealth Management LLC now owns 93,816 shares of the company’s stock valued at $2,337,000 after purchasing an additional 1,811 shares in the last quarter. Foster & Motley Inc. increased its stake in Fidelity MSCI Real Estate Index ETF by 57.0% during the 1st quarter. Foster & Motley Inc. now owns 15,763 shares of the company’s stock valued at $393,000 after purchasing an additional 5,720 shares in the last quarter. Finally, Capital Analysts LLC increased its stake in Fidelity MSCI Real Estate Index ETF by 38.3% during the 1st quarter. Capital Analysts LLC now owns 22,947 shares of the company’s stock valued at $572,000 after purchasing an additional 6,353 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA:FREL opened at $21.53 on Tuesday. The firm has a market capitalization of $865.51 million, a P/E ratio of 26.17 and a beta of 0.91. Fidelity MSCI Real Estate Index ETF has a 1-year low of $21.24 and a 1-year high of $28.45. The company’s fifty day moving average price is $23.28 and its 200-day moving average price is $24.27.

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.