Dynamic Advisor Solutions LLC Trims Stake in Fidelity MSCI Real Estate Index ETF $FREL

Dynamic Advisor Solutions LLC decreased its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 20.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 204,833 shares of the company’s stock after selling 52,324 shares during the period. Dynamic Advisor Solutions LLC owned 0.51% of Fidelity MSCI Real Estate Index ETF worth $5,508,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FREL. Jones Financial Companies Lllp lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 1,833.6% in the first quarter. Jones Financial Companies Lllp now owns 13,632 shares of the company’s stock valued at $374,000 after acquiring an additional 12,927 shares in the last quarter. Focus Partners Wealth purchased a new stake in Fidelity MSCI Real Estate Index ETF during the 1st quarter worth about $303,000. JPMorgan Chase & Co. raised its stake in Fidelity MSCI Real Estate Index ETF by 33.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,975 shares of the company’s stock valued at $1,541,000 after purchasing an additional 14,334 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the 2nd quarter valued at about $418,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in Fidelity MSCI Real Estate Index ETF by 13,304.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105,892 shares of the company’s stock valued at $2,863,000 after purchasing an additional 105,102 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Fidelity MSCI Real Estate Index ETF stock opened at $26.66 on Monday. Fidelity MSCI Real Estate Index ETF has a 12-month low of $23.35 and a 12-month high of $29.21. The stock has a market capitalization of $1.33 billion, a P/E ratio of 34.96 and a beta of 1.03. The firm’s 50-day moving average is $28.12 and its two-hundred day moving average is $27.65.

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.