Blair William & Co. IL Has $92,000 Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Blair William & Co. IL trimmed its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 17.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,355 shares of the company’s stock after selling 730 shares during the quarter. Blair William & Co. IL’s holdings in Fidelity MSCI Real Estate Index ETF were worth $92,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of FREL. Johnson Financial Group Inc. raised its stake in shares of 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. Cullen Frost Bankers Inc. bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the first quarter valued at approximately $63,000. Tower Research Capital LLC TRC bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $123,000. Principal Securities Inc. raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 25.3% in the first quarter. Principal Securities Inc. now owns 6,207 shares of the company’s stock valued at $168,000 after acquiring an additional 1,253 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 247.8% in the first quarter. Capital Investment Advisory Services LLC now owns 7,019 shares of the company’s stock valued at $193,000 after acquiring an additional 5,001 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Trading Up 0.9%

NYSEARCA:FREL opened at $27.25 on Thursday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.35 and a 1 year high of $30.07. The firm has a 50 day moving average of $27.28 and a 200-day moving average of $27.14. The stock has a market capitalization of $1.02 billion, a P/E ratio of 34.96 and a beta of 0.91.

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.