Fidelity MSCI Real Estate Index ETF $FREL Shares Sold by Blue Barn Wealth LLC

Blue Barn Wealth LLC lessened its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 52.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,375 shares of the company’s stock after selling 68,953 shares during the quarter. Fidelity MSCI Real Estate Index ETF comprises approximately 2.4% of Blue Barn Wealth LLC’s investment portfolio, making the stock its 12th largest holding. Blue Barn Wealth LLC owned 0.12% of Fidelity MSCI Real Estate Index ETF worth $1,650,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the 4th quarter worth approximately $26,000. Atlantic Union Bankshares Corp increased its holdings in Fidelity MSCI Real Estate Index ETF by 81.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after buying an additional 817 shares during the period. Stone House Investment Management LLC increased its holdings in Fidelity MSCI Real Estate Index ETF by 33.0% in the 4th quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock worth $60,000 after buying an additional 550 shares during the period. Everstar Asset Management LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the 4th quarter worth approximately $114,000. Finally, CIBC Private Wealth Group LLC acquired a new position in Fidelity MSCI Real Estate Index ETF in the 3rd quarter worth approximately $139,000.

Fidelity MSCI Real Estate Index ETF Trading Down 0.1%

Shares of NYSEARCA:FREL opened at $28.67 on Thursday. Fidelity MSCI Real Estate Index ETF has a twelve month low of $26.37 and a twelve month high of $29.67. The company’s 50 day moving average is $28.53 and its 200 day moving average is $27.97. The company has a market cap of $1.42 billion, a PE ratio of 34.96 and a beta of 1.00.

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.