HF Advisory Group LLC Purchases 2,728 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

HF Advisory Group LLC lifted its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 10.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,635 shares of the company’s stock after purchasing an additional 2,728 shares during the quarter. HF Advisory Group LLC owned about 0.07% of Fidelity MSCI Real Estate Index ETF worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. purchased a new position in Fidelity MSCI Real Estate Index ETF during the fourth quarter valued at $44,000. FMR LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 94.2% in the 1st quarter. FMR LLC now owns 1,765 shares of the company’s stock worth $44,000 after purchasing an additional 856 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at about $54,000. Qube Research & Technologies Ltd purchased a new stake in Fidelity MSCI Real Estate Index ETF during the 3rd quarter valued at about $115,000. Finally, Mercer Global Advisors Inc. ADV bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the third quarter worth approximately $207,000.

Fidelity MSCI Real Estate Index ETF Trading Up 0.2 %

FREL traded up $0.04 during trading on Thursday, hitting $23.75. 29,592 shares of the company’s stock traded hands, compared to its average volume of 188,780. The stock has a market capitalization of $881.13 million, a price-to-earnings ratio of 26.44 and a beta of 1.02. The company’s 50 day simple moving average is $25.52 and its two-hundred day simple moving average is $24.83. Fidelity MSCI Real Estate Index ETF has a 12-month low of $21.24 and a 12-month high of $27.06.

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.