Atria Investments Inc Cuts Stock Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Atria Investments Inc trimmed its position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 5.3% in the third quarter, HoldingsChannel.com reports. The fund owned 66,590 shares of the company’s stock after selling 3,693 shares during the period. Atria Investments Inc’s holdings in Fidelity MSCI Real Estate Index ETF were worth $1,963,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Gradient Investments LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF in the second quarter worth $40,000. CWM LLC increased its holdings in Fidelity MSCI Real Estate Index ETF by 388.3% during the 2nd quarter. CWM LLC now owns 2,661 shares of the company’s stock worth $67,000 after purchasing an additional 2,116 shares during the period. Red Mountain Financial LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF in the 3rd quarter valued at about $217,000. Elevated Capital Advisors LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF in the 3rd quarter valued at about $285,000. Finally, Cetera Advisors LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF during the first quarter worth about $260,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL stock opened at $28.38 on Friday. Fidelity MSCI Real Estate Index ETF has a fifty-two week low of $23.58 and a fifty-two week high of $30.07. The company’s 50 day moving average price is $29.07 and its 200 day moving average price is $27.15. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02.

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.