Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Stock Position Increased by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. grew its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 147.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,853 shares of the company’s stock after purchasing an additional 1,701 shares during the period. Brown Brothers Harriman & Co.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $84,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FREL. Cetera Investment Advisers raised its stake in shares of Fidelity MSCI Real Estate Index ETF by 79.3% during the first quarter. Cetera Investment Advisers now owns 60,352 shares of the company’s stock valued at $1,575,000 after purchasing an additional 26,687 shares in the last quarter. Essential Planning LLC. raised its position in shares of Fidelity MSCI Real Estate Index ETF by 0.4% during the 3rd quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock worth $3,729,000 after buying an additional 563 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter worth approximately $260,000. Atria Investments Inc boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.2% in the first quarter. Atria Investments Inc now owns 58,749 shares of the company’s stock valued at $1,533,000 after acquiring an additional 2,881 shares in the last quarter. Finally, Lynch & Associates IN increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 5.7% during the second quarter. Lynch & Associates IN now owns 11,071 shares of the company’s stock valued at $281,000 after acquiring an additional 599 shares during the period.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of NYSEARCA:FREL opened at $29.85 on Friday. The stock’s 50 day moving average price is $28.99 and its 200 day moving average price is $27.48. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Fidelity MSCI Real Estate Index ETF has a 12 month low of $23.61 and a 12 month high of $30.07.

Fidelity MSCI Real Estate Index ETF Company 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.