Atlas Capital Advisors Inc. Sells 12,090 Shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Atlas Capital Advisors Inc. trimmed its holdings in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 51.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,342 shares of the company’s stock after selling 12,090 shares during the period. Atlas Capital Advisors Inc.’s holdings in Fidelity MSCI Real Estate Index ETF were worth $306,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its position in 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 valued at $89,000 after purchasing an additional 479 shares during the last quarter. Principal Securities Inc. increased its holdings in Fidelity MSCI Real Estate Index ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock worth $134,000 after buying an additional 527 shares during the last quarter. Fingerlakes Wealth Management Inc. raised its position in Fidelity MSCI Real Estate Index ETF by 3.9% during the fourth quarter. Fingerlakes Wealth Management Inc. now owns 14,927 shares of the company’s stock worth $403,000 after acquiring an additional 562 shares in the last quarter. NorthLanding Financial Partners LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 7.6% in the fourth quarter. NorthLanding Financial Partners LLC now owns 9,662 shares of the company’s stock valued at $261,000 after acquiring an additional 686 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of Fidelity MSCI Real Estate Index ETF by 81.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,756 shares of the company’s stock worth $47,000 after purchasing an additional 786 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Stock Performance

Fidelity MSCI Real Estate Index ETF stock opened at $25.55 on Friday. The stock has a 50-day simple moving average of $27.63 and a 200 day simple moving average of $28.12. The stock has a market capitalization of $938.96 million, a P/E ratio of 32.20 and a beta of 1.08. Fidelity MSCI Real Estate Index ETF has a 52 week low of $23.61 and a 52 week high of $30.07.

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.