Riverpoint Wealth Management Holdings LLC Has $11.64 Million Holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Riverpoint Wealth Management Holdings LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 430,742 shares of the company’s stock after acquiring an additional 3,502 shares during the quarter. Fidelity MSCI Real Estate Index ETF makes up about 3.0% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 11th largest position. Riverpoint Wealth Management Holdings LLC owned approximately 1.16% of Fidelity MSCI Real Estate Index ETF worth $11,639,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $322,000. Townsquare Capital LLC raised its stake in Fidelity MSCI Real Estate Index ETF by 7.4% during the third quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock worth $370,000 after buying an additional 869 shares during the last quarter. Essential Planning LLC. lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 0.4% in the 3rd quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock valued at $3,729,000 after purchasing an additional 563 shares during the period. Kingswood Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Real Estate Index ETF during the 4th quarter worth approximately $309,000. Finally, Asset Management Group Inc. grew its holdings in Fidelity MSCI Real Estate Index ETF by 0.6% in the third quarter. Asset Management Group Inc. now owns 72,384 shares of the company’s stock worth $2,134,000 after purchasing an additional 401 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Up 1.2 %

NYSEARCA FREL opened at $28.20 on Wednesday. The business has a 50 day moving average price of $27.28 and a 200-day moving average price of $28.31. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week high of $30.07. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 33.99 and a beta of 1.07.

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.