Avantax Advisory Services Inc. Raises Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Avantax Advisory Services Inc. raised its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 361,369 shares of the company’s stock after buying an additional 7,554 shares during the period. Avantax Advisory Services Inc. owned approximately 0.97% of Fidelity MSCI Real Estate Index ETF worth $9,764,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Essential Planning LLC. boosted its holdings in Fidelity MSCI Real Estate Index ETF by 6,175.9% in the fourth quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock valued at $227,231,000 after purchasing an additional 7,813,298 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 12,929.5% in the 4th quarter. Farther Finance Advisors LLC now owns 34,007 shares of the company’s stock valued at $919,000 after buying an additional 33,746 shares during the period. HighTower Advisors LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 139,563 shares of the company’s stock valued at $3,771,000 after buying an additional 3,678 shares during the period. AGF Management Ltd. boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 19.4% in the 4th quarter. AGF Management Ltd. now owns 141,754 shares of the company’s stock valued at $3,830,000 after buying an additional 22,996 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of Fidelity MSCI Real Estate Index ETF by 330.5% in the 4th quarter. Larson Financial Group LLC now owns 5,412 shares of the company’s stock valued at $146,000 after buying an additional 4,155 shares during the period.

Fidelity MSCI Real Estate Index ETF Stock Down 0.4 %

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $27.32 on Thursday. Fidelity MSCI Real Estate Index ETF has a 52-week low of $23.61 and a 52-week high of $30.07. The company has a 50 day moving average of $27.51 and a 200 day moving average of $28.32. The company has a market capitalization of $999.91 million, a P/E ratio of 33.99 and a beta of 1.07.

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.