Park Avenue Securities LLC Acquires New Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Park Avenue Securities LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 37,686 shares of the company’s stock, valued at approximately $1,035,000. Park Avenue Securities LLC owned approximately 0.10% of Fidelity MSCI Real Estate Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at approximately $32,000. Johnson Financial Group Inc. lifted its stake in Fidelity MSCI Real Estate Index ETF by 60.0% in the fourth quarter. Johnson Financial Group Inc. now owns 1,600 shares of the company’s stock valued at $44,000 after acquiring an additional 600 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 81.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock valued at $47,000 after acquiring an additional 786 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 16.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock valued at $89,000 after acquiring an additional 479 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $123,000.

Fidelity MSCI Real Estate Index ETF Stock Up 0.5%

NYSEARCA FREL opened at $27.49 on Friday. The stock has a market capitalization of $1.07 billion, a PE ratio of 32.37 and a beta of 1.02. The company has a 50 day moving average price of $26.58 and a two-hundred day moving average price of $27.27. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.35 and a 12-month high of $30.07.

Fidelity MSCI Real Estate Index ETF Company 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.