Life Planning Partners Inc Has $31.29 Million Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Life Planning Partners Inc increased its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2,604.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,158,005 shares of the company’s stock after purchasing an additional 1,115,180 shares during the period. Life Planning Partners Inc owned approximately 3.12% of Fidelity MSCI Real Estate Index ETF worth $31,289,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FREL. Townsquare Capital LLC lifted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 7.4% during the third quarter. Townsquare Capital LLC now owns 12,554 shares of the company’s stock valued at $370,000 after acquiring an additional 869 shares during the period. Ameritas Advisory Services LLC bought a new position in Fidelity MSCI Real Estate Index ETF during the 4th quarter valued at about $322,000. Essential Planning LLC. boosted its position in Fidelity MSCI Real Estate Index ETF by 0.4% in the third quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock valued at $3,729,000 after buying an additional 563 shares in the last quarter. RFG Advisory LLC grew its stake in Fidelity MSCI Real Estate Index ETF by 2.7% during the third quarter. RFG Advisory LLC now owns 128,865 shares of the company’s stock worth $3,799,000 after buying an additional 3,339 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth approximately $309,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of FREL opened at $27.86 on Friday. The company has a market capitalization of $1.03 billion, a P/E ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The business’s 50 day simple moving average is $27.41 and its 200-day simple moving average is $28.26.

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.