Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) Shares Sold by Stone House Investment Management LLC

Stone House Investment Management LLC lessened its stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL) by 42.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,035 shares of the company’s stock after selling 1,479 shares during the period. Stone House Investment Management LLC’s holdings in Fidelity MSCI Real Estate Index ETF were worth $60,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Investmark Advisory Group LLC boosted its holdings in shares of Fidelity MSCI Real Estate Index ETF by 11.4% in the first quarter. Investmark Advisory Group LLC now owns 15,826 shares of the company’s stock valued at $413,000 after acquiring an additional 1,614 shares in the last quarter. Atria Investments Inc boosted its holdings in 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 valued at $1,533,000 after purchasing an additional 2,881 shares in the last quarter. Cetera Investment Advisers increased its position in 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 during the period. Cetera Advisors LLC purchased a new position in shares of Fidelity MSCI Real Estate Index ETF during the 1st quarter worth approximately $260,000. Finally, Pathway Financial Advisers LLC acquired a new stake in shares of Fidelity MSCI Real Estate Index ETF in the 1st quarter valued at approximately $482,000.

Fidelity MSCI Real Estate Index ETF Trading Up 1.0 %

Shares of NYSEARCA:FREL traded up $0.31 on Wednesday, reaching $29.96. 38,309 shares of the company were exchanged, compared to its average volume of 176,759. Fidelity MSCI Real Estate Index ETF has a 1-year low of $23.61 and a 1-year high of $30.07. The company has a 50-day moving average of $28.99 and a 200-day moving average of $27.45. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02.

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.