Global Retirement Partners LLC Purchases New Shares in Fidelity MSCI Real Estate Index ETF $FREL

Global Retirement Partners LLC acquired a new position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,464 shares of the company’s stock, valued at approximately $418,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FREL. Atlantic Union Bankshares Corp purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF during the second quarter worth about $27,000. Smartleaf Asset Management LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 45.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 4,850 shares of the company’s stock valued at $132,000 after purchasing an additional 1,511 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF during the 1st quarter worth approximately $169,000. Grand Wealth Management LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth approximately $209,000. Finally, Galvin Gaustad & Stein LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the 2nd quarter valued at approximately $209,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.4%

FREL stock opened at $27.73 on Friday. The firm has a 50 day simple moving average of $27.44 and a 200-day simple moving average of $27.38. The company has a market capitalization of $1.08 billion, a P/E ratio of 34.96 and a beta of 1.03. Fidelity MSCI Real Estate Index ETF has a twelve month low of $23.35 and a twelve month high of $29.96.

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.