Fidelity Real Estate Investment ETF (BATS:FPRO) Shares Down 0.8% – What’s Next?

Fidelity Real Estate Investment ETF (BATS:FPRO) shares traded down 0.8% during mid-day trading on Thursday . The company traded as low as $24.13 and last traded at $24.22. 7,726 shares were traded during trading, an increase of 67% from the average session volume of 4,622 shares. The stock had previously closed at $24.42.

Fidelity Real Estate Investment ETF Price Performance

The business has a 50 day simple moving average of $23.33 and a 200 day simple moving average of $22.83. The stock has a market cap of $16.18 million, a PE ratio of 40.43 and a beta of 1.03.

About Fidelity Real Estate Investment ETF

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.