Fidelity Real Estate Investment ETF (BATS:FPRO) Trading Down 0.8% – Here’s Why

Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report)’s share price was down 0.8% during mid-day trading on Thursday . The company traded as low as $24.13 and last traded at $24.22. Approximately 7,726 shares changed hands during mid-day trading, an increase of 67% from the average daily volume of 4,622 shares. The stock had previously closed at $24.42.

Fidelity Real Estate Investment ETF Trading Down 0.8%

The company has a market capitalization of $16.35 million, a P/E ratio of 40.43 and a beta of 1.03. The firm’s 50 day moving average price is $23.30 and its two-hundred day moving average price is $22.82.

Fidelity Real Estate Investment ETF Company Profile

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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.

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