UBS Group AG reduced its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Free Report) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 81,427 shares of the company’s stock after selling 19,152 shares during the quarter. UBS Group AG’s holdings in Fidelity MSCI Real Estate Index ETF were worth $2,190,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter worth $26,000. Atlantic Union Bankshares Corp grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 81.7% during the third quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after purchasing an additional 817 shares during the last quarter. Stone House Investment Management LLC grew its holdings in shares of Fidelity MSCI Real Estate Index ETF by 33.0% during the fourth quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock worth $60,000 after purchasing an additional 550 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the third quarter worth $139,000. Finally, Cornerstone Financial Group LLC NE bought a new stake in shares of Fidelity MSCI Real Estate Index ETF during the third quarter worth $204,000.
Fidelity MSCI Real Estate Index ETF Stock Performance
Shares of FREL stock opened at $29.46 on Thursday. The stock’s fifty day moving average is $28.39 and its 200-day moving average is $27.92. The stock has a market capitalization of $1.46 billion, a PE ratio of 34.96 and a beta of 1.00. Fidelity MSCI Real Estate Index ETF has a 52 week low of $26.37 and a 52 week high of $29.67.
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.
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Want to see what other hedge funds are holding FREL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Free Report).
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