Northwest Wealth Advisors LLC Invests $690,000 in Fidelity MSCI Real Estate Index ETF $FREL

Northwest Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 25,669 shares of the company’s stock, valued at approximately $690,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF during the fourth quarter worth about $26,000. Atlantic Union Bankshares Corp lifted its stake in Fidelity MSCI Real Estate Index ETF by 81.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,817 shares of the company’s stock worth $51,000 after purchasing an additional 817 shares in the last quarter. Stone House Investment Management LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 33.0% during the 4th quarter. Stone House Investment Management LLC now owns 2,217 shares of the company’s stock worth $60,000 after purchasing an additional 550 shares during the last quarter. Everstar Asset Management LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the fourth quarter valued at approximately $114,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the third quarter valued at approximately $139,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

FREL opened at $29.36 on Friday. Fidelity MSCI Real Estate Index ETF has a one year low of $26.19 and a one year high of $29.56. The stock has a market capitalization of $1.45 billion, a PE ratio of 34.96 and a beta of 1.00. The business’s 50 day moving average price is $28.28 and its 200 day moving average price is $27.85.

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.