Fidelity MSCI Real Estate Index ETF $FREL Stock Position Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 81.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 966,894 shares of the company’s stock after buying an additional 434,332 shares during the quarter. Envestnet Asset Management Inc. owned about 2.47% of Fidelity MSCI Real Estate Index ETF worth $26,889,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp raised its position in Fidelity MSCI Real Estate Index ETF by 81.7% in the third quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after acquiring an additional 817 shares in the last quarter. AGF Management Ltd. grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 10.2% in the 3rd quarter. AGF Management Ltd. now owns 334,055 shares of the company’s stock worth $9,290,000 after purchasing an additional 30,904 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 18.9% in the 3rd quarter. AE Wealth Management LLC now owns 1,234,225 shares of the company’s stock worth $34,324,000 after purchasing an additional 196,350 shares in the last quarter. Disciplined Investments LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 34.4% during the third quarter. Disciplined Investments LLC now owns 13,976 shares of the company’s stock valued at $389,000 after purchasing an additional 3,577 shares during the last quarter. Finally, Lodestar Private Asset Management LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 4.4% during the third quarter. Lodestar Private Asset Management LLC now owns 74,904 shares of the company’s stock valued at $2,083,000 after purchasing an additional 3,153 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Fidelity MSCI Real Estate Index ETF stock opened at $28.31 on Friday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 34.96 and a beta of 1.03. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.35 and a 1 year high of $28.86. The firm’s 50 day moving average price is $27.36 and its two-hundred day moving average price is $27.45.

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.