Demars Financial Group LLC Acquires 302,972 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Demars Financial Group LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2,279.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 316,263 shares of the company’s stock after purchasing an additional 302,972 shares during the quarter. Demars Financial Group LLC owned about 0.85% of Fidelity MSCI Real Estate Index ETF worth $8,545,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Essential Planning LLC. lifted its stake in Fidelity MSCI Real Estate Index ETF by 6,175.9% in the 4th quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock worth $227,231,000 after purchasing an additional 7,813,298 shares in the last quarter. Life Planning Partners Inc grew its position in shares of Fidelity MSCI Real Estate Index ETF by 2,604.0% during the fourth quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock valued at $31,289,000 after purchasing an additional 1,115,180 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 26.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 566,807 shares of the company’s stock worth $15,315,000 after purchasing an additional 118,562 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the fourth quarter worth about $3,119,000. Finally, Prospect Financial Group LLC bought a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at approximately $2,670,000.

Fidelity MSCI Real Estate Index ETF Price Performance

NYSEARCA:FREL opened at $25.94 on Thursday. The company has a market cap of $953.30 million, a price-to-earnings ratio of 32.20 and a beta of 1.08. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.35 and a 1 year high of $30.07. The stock’s 50 day simple moving average is $27.17 and its two-hundred day simple moving average is $27.83.

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.