Fidelity Real Estate Investment ETF (BATS:FPRO) Trading Down 0.6% – Here’s What Happened

Fidelity Real Estate Investment ETF (BATS:FPRO) shares dropped 0.6% during mid-day trading on Friday . The stock traded as low as $22.47 and last traded at $22.47. Approximately 579 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 3,954 shares. The stock had previously closed at $22.60.

Fidelity Real Estate Investment ETF Stock Down 0.6%

The company has a market capitalization of $15.17 million, a P/E ratio of 40.43 and a beta of 1.03. The business has a fifty day moving average price of $23.56 and a 200 day moving average price of $22.89.

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.