Essential Planning LLC. Raises Stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Essential Planning LLC. boosted its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,512 shares of the company’s stock after buying an additional 563 shares during the quarter. Fidelity MSCI Real Estate Index ETF makes up approximately 1.5% of Essential Planning LLC.’s portfolio, making the stock its 16th biggest position. Essential Planning LLC.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $3,729,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Citizens & Northern Corp boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 16.9% during the second quarter. Citizens & Northern Corp now owns 764,513 shares of the company’s stock valued at $19,373,000 after purchasing an additional 110,801 shares during the period. AE Wealth Management LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 29.4% during the second quarter. AE Wealth Management LLC now owns 625,027 shares of the company’s stock valued at $15,838,000 after purchasing an additional 141,975 shares during the period. Truefg LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 6.6% during the second quarter. Truefg LLC now owns 561,783 shares of the company’s stock valued at $14,236,000 after purchasing an additional 34,881 shares during the period. Black Diamond Financial LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 10.9% during the third quarter. Black Diamond Financial LLC now owns 481,947 shares of the company’s stock valued at $14,253,000 after purchasing an additional 47,474 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 4.8% during the third quarter. Riverpoint Wealth Management Holdings LLC now owns 427,240 shares of the company’s stock valued at $12,595,000 after purchasing an additional 19,698 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

NYSEARCA:FREL opened at $28.40 on Friday. The firm has a market cap of $1.05 billion, a PE ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.58 and a fifty-two week high of $30.07. The business has a 50 day moving average price of $29.06 and a 200-day moving average price of $27.21.

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.