MB Generational Wealth LLC Invests $218,000 in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

MB Generational Wealth LLC acquired a new position in shares of Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,396 shares of the company’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers boosted its position in shares of Fidelity MSCI Real Estate Index ETF by 79.3% during the 1st quarter. Cetera Investment Advisers now owns 60,352 shares of the company’s stock worth $1,575,000 after purchasing an additional 26,687 shares in the last quarter. Essential Planning LLC. raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 0.4% in the 3rd quarter. Essential Planning LLC. now owns 126,512 shares of the company’s stock worth $3,729,000 after acquiring an additional 563 shares during the last quarter. Cetera Advisors LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter worth about $260,000. Atria Investments Inc raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.2% in the 1st quarter. Atria Investments Inc now owns 58,749 shares of the company’s stock worth $1,533,000 after acquiring an additional 2,881 shares during the last quarter. Finally, Lynch & Associates IN raised its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.7% in the 2nd quarter. Lynch & Associates IN now owns 11,071 shares of the company’s stock worth $281,000 after acquiring an additional 599 shares during the last quarter.

Fidelity MSCI Real Estate Index ETF Price Performance

FREL opened at $28.40 on Monday. 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 firm has a market capitalization of $1.05 billion, a PE ratio of 25.77 and a beta of 1.02. The company’s 50-day moving average is $29.06 and its 200 day moving average is $27.21.

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.