RFG Advisory LLC Purchases 3,339 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

RFG Advisory LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,865 shares of the company’s stock after purchasing an additional 3,339 shares during the quarter. RFG Advisory LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $3,799,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 1.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 197,737 shares of the company’s stock worth $5,159,000 after buying an additional 3,570 shares during the last quarter. Schoolcraft Capital LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 1.1% in the first quarter. Schoolcraft Capital LLC now owns 115,387 shares of the company’s stock valued at $3,010,000 after purchasing an additional 1,256 shares during the last quarter. Disciplined Investments LLC grew its position in shares of Fidelity MSCI Real Estate Index ETF by 8.9% in the first quarter. Disciplined Investments LLC now owns 12,699 shares of the company’s stock valued at $331,000 after purchasing an additional 1,036 shares during the last quarter. Atlas Capital Advisors LLC grew its holdings in Fidelity MSCI Real Estate Index ETF by 36.2% in the 1st quarter. Atlas Capital Advisors LLC now owns 15,411 shares of the company’s stock valued at $402,000 after buying an additional 4,100 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in Fidelity MSCI Real Estate Index ETF by 3.0% during the 1st quarter. Sunbelt Securities Inc. now owns 17,413 shares of the company’s stock worth $454,000 after buying an additional 502 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $29.52 on Friday. The firm has a 50-day moving average of $28.85 and a 200-day moving average of $26.61. Fidelity MSCI Real Estate Index ETF has a 52-week low of $21.24 and a 52-week high of $30.07. The stock has a market cap of $1.10 billion, a PE ratio of 25.77 and a beta of 1.02.

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.