Raymond James & Associates Decreases Stake in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL)

Raymond James & Associates lowered its position in Fidelity MSCI Real Estate Index ETF (NYSEARCA:FREL – Get Rating) by 6.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,396 shares of the company’s stock after selling 4,456 shares during the quarter. Raymond James & Associates owned approximately 0.12% of Fidelity MSCI Real Estate Index ETF worth $1,636,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Selective Wealth Management Inc. lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 81.8% during the 2nd quarter. Selective Wealth Management Inc. now owns 1,016 shares of the company’s stock worth $28,000 after buying an additional 457 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of Fidelity MSCI Real Estate Index ETF by 213.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,126 shares of the company’s stock worth $27,000 after buying an additional 767 shares during the last quarter. Key Financial Inc purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth approximately $36,000. Trust Co. of Vermont purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth approximately $83,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Real Estate Index ETF during the 2nd quarter worth approximately $96,000.

Fidelity MSCI Real Estate Index ETF Stock Performance

Shares of NYSEARCA:FREL opened at $26.59 on Wednesday. Fidelity MSCI Real Estate Index ETF has a twelve month low of $22.29 and a twelve month high of $33.84. The firm has a 50 day simple moving average of $25.58 and a 200-day simple moving average of $26.22.