Schoolcraft Capital LLC Trims Position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Schoolcraft Capital LLC lowered its holdings in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,746 shares of the company’s stock after selling 2,719 shares during the period. Fidelity MSCI Real Estate Index ETF makes up 0.7% of Schoolcraft Capital LLC’s portfolio, making the stock its 22nd biggest position. Schoolcraft Capital LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $3,263,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FREL. IFP Advisors Inc increased its holdings in shares of Fidelity MSCI Real Estate Index ETF by 80.5% in the 4th quarter. IFP Advisors Inc now owns 9,273 shares of the company’s stock worth $251,000 after acquiring an additional 4,137 shares during the period. Birchcreek Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 5.4% during the fourth quarter. Birchcreek Wealth Management LLC now owns 35,942 shares of the company’s stock worth $971,000 after purchasing an additional 1,837 shares during the period. Black Diamond Financial LLC lifted its stake in Fidelity MSCI Real Estate Index ETF by 9.8% in the fourth quarter. Black Diamond Financial LLC now owns 529,194 shares of the company’s stock valued at $14,299,000 after acquiring an additional 47,247 shares during the last quarter. Fingerlakes Wealth Management Inc. lifted its stake in Fidelity MSCI Real Estate Index ETF by 3.9% in the fourth quarter. Fingerlakes Wealth Management Inc. now owns 14,927 shares of the company’s stock valued at $403,000 after acquiring an additional 562 shares during the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Fidelity MSCI Real Estate Index ETF by 8.5% in the fourth quarter. Global Retirement Partners LLC now owns 18,944 shares of the company’s stock valued at $512,000 after purchasing an additional 1,491 shares during the period.

Fidelity MSCI Real Estate Index ETF Trading Up 0.4 %

Shares of FREL stock opened at $27.87 on Tuesday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.61 and a 1 year high of $30.07. The firm’s fifty day simple moving average is $27.28 and its 200 day simple moving average is $28.30. The firm has a market capitalization of $1.02 billion, a P/E ratio of 33.99 and a beta of 1.07.

About Fidelity MSCI Real Estate Index ETF

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.