Congress Wealth Management LLC DE Buys 3,800 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Congress Wealth Management LLC DE boosted its stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,466 shares of the company’s stock after purchasing an additional 3,800 shares during the quarter. Congress Wealth Management LLC DE owned about 0.16% of Fidelity MSCI Real Estate Index ETF worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kestra Investment Management LLC bought a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at about $32,000. Larson Financial Group LLC lifted its position in Fidelity MSCI Real Estate Index ETF by 2,144.6% during the third quarter. Larson Financial Group LLC now owns 1,257 shares of the company’s stock valued at $37,000 after acquiring an additional 1,201 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 63.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock valued at $55,000 after acquiring an additional 787 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in Fidelity MSCI Real Estate Index ETF by 147.7% in the third quarter. Brown Brothers Harriman & Co. now owns 2,853 shares of the company’s stock worth $84,000 after purchasing an additional 1,701 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Fidelity MSCI Real Estate Index ETF by 16.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,339 shares of the company’s stock worth $89,000 after purchasing an additional 479 shares in the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

Fidelity MSCI Real Estate Index ETF stock opened at $27.35 on Thursday. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The business has a fifty day moving average price of $27.67 and a 200-day moving average price of $28.23. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 31.68 and a beta of 1.08.

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.