KDK Private Wealth Management LLC Makes New Investment in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

KDK Private Wealth Management LLC acquired a new stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 9,960 shares of the company’s stock, valued at approximately $269,000.

Several other hedge funds have also recently modified their holdings of FREL. Essential Planning LLC. increased its position in shares of Fidelity MSCI Real Estate Index ETF by 6,175.9% during the fourth quarter. Essential Planning LLC. now owns 7,939,810 shares of the company’s stock valued at $227,231,000 after acquiring an additional 7,813,298 shares during the last quarter. Life Planning Partners Inc grew its holdings in Fidelity MSCI Real Estate Index ETF by 2,604.0% during the 4th quarter. Life Planning Partners Inc now owns 1,158,005 shares of the company’s stock valued at $31,289,000 after buying an additional 1,115,180 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Fidelity MSCI Real Estate Index ETF by 26.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 566,807 shares of the company’s stock worth $15,315,000 after acquiring an additional 118,562 shares during the period. Raymond James Financial Inc. bought a new position in shares of Fidelity MSCI Real Estate Index ETF in the fourth quarter worth $3,119,000. Finally, Prospect Financial Group LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 4th quarter valued at about $2,670,000.

Fidelity MSCI Real Estate Index ETF Price Performance

Shares of Fidelity MSCI Real Estate Index ETF stock opened at $25.05 on Friday. Fidelity MSCI Real Estate Index ETF has a 1 year low of $23.35 and a 1 year high of $30.07. The firm has a market cap of $920.59 million, a PE ratio of 32.20 and a beta of 1.08. The company has a 50 day simple moving average of $27.32 and a two-hundred day simple moving average of $27.92.

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.