Fidelity Real Estate Investment ETF (BATS:FPRO) Shares Up 0.4% – What’s Next?

Fidelity Real Estate Investment ETF (BATS:FPRO)’s stock price rose 0.4% on Friday . The company traded as high as $25.42 and last traded at $25.31. 1,754 shares were traded during trading, a decline of 59% from the average daily volume of 4,307 shares. The stock had previously closed at $25.20.

Fidelity Real Estate Investment ETF Stock Up 0.4%

The company has a market capitalization of $17.08 million, a PE ratio of 40.43 and a beta of 1.03. The stock’s fifty day simple moving average is $25.16 and its 200-day simple moving average is $24.36.

Hedge Funds Weigh In On Fidelity Real Estate Investment ETF

A hedge fund recently bought a new stake in Fidelity Real Estate Investment ETF stock. Sunbelt Securities Inc. purchased a new stake in Fidelity Real Estate Investment ETF (BATS:FPRO) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,700 shares of the company’s stock, valued at approximately $85,000. Sunbelt Securities Inc. owned about 0.55% of Fidelity Real Estate Investment ETF at the end of the most recent reporting period.

Fidelity Real Estate Investment ETF Company Profile

The Fidelity Real Estate Investment ETF (FPRO) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively-managed, non-transparent ETF that invests in global real estate companies. The fund utilizes the Fidelity non-transparent model. FPRO was launched on Feb 2, 2021 and is managed by Fidelity.