PKS Advisory Services LLC Invests $984,000 in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

PKS Advisory Services LLC acquired a new position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 36,412 shares of the company’s stock, valued at approximately $984,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC increased its stake 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 valued at $89,000 after purchasing an additional 479 shares in the last quarter. Principal Securities Inc. lifted its stake in shares of Fidelity MSCI Real Estate Index ETF by 11.9% in the 4th quarter. Principal Securities Inc. now owns 4,954 shares of the company’s stock worth $134,000 after purchasing an additional 527 shares during the period. Fingerlakes Wealth Management Inc. lifted 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 valued at $403,000 after purchasing an additional 562 shares in the last quarter. NorthLanding Financial Partners LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 7.6% during the 4th quarter. NorthLanding Financial Partners LLC now owns 9,662 shares of the company’s stock valued at $261,000 after purchasing an additional 686 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its stake in Fidelity MSCI Real Estate Index ETF by 63.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 2,018 shares of the company’s stock worth $55,000 after purchasing an additional 787 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Performance

NYSEARCA FREL opened at $27.50 on Tuesday. Fidelity MSCI Real Estate Index ETF has a one year low of $23.61 and a one year high of $30.07. The stock has a 50 day moving average price of $27.64 and a 200-day moving average price of $28.25. The company has a market capitalization of $1.01 billion, a P/E ratio of 31.68 and a beta of 1.08.

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.