Diversify Wealth Management LLC Raises Holdings in Fidelity MSCI Real Estate Index ETF $FREL

Diversify Wealth Management LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 49.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 329,694 shares of the company’s stock after acquiring an additional 109,052 shares during the quarter. Diversify Wealth Management LLC owned 0.67% of Fidelity MSCI Real Estate Index ETF worth $9,492,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. AE Wealth Management LLC grew its stake in shares of Fidelity MSCI Real Estate Index ETF by 30.8% during the 4th quarter. AE Wealth Management LLC now owns 1,614,618 shares of the company’s stock worth $43,417,000 after purchasing an additional 380,393 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 82.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 761,510 shares of the company’s stock worth $21,178,000 after buying an additional 344,617 shares in the last quarter. Citizens & Northern Corp boosted its holdings in Fidelity MSCI Real Estate Index ETF by 32.2% during the fourth quarter. Citizens & Northern Corp now owns 1,087,071 shares of the company’s stock worth $29,231,000 after buying an additional 264,741 shares in the last quarter. Pasadena Private Wealth LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the first quarter valued at $5,936,000. Finally, Townsend Financial Planning LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at $4,524,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.2%

FREL traded up $0.06 on Friday, reaching $29.55. The stock had a trading volume of 193,628 shares, compared to its average volume of 354,287. The business’s 50-day moving average price is $29.33 and its two-hundred day moving average price is $28.40. The company has a market cap of $1.47 billion, a P/E ratio of 34.96 and a beta of 0.98. Fidelity MSCI Real Estate Index ETF has a 12-month low of $26.37 and a 12-month high of $30.13.

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.