Fidelity Real Estate Investment ETF (BATS:FPRO) Trading Up 0.4% – Here’s Why

Fidelity Real Estate Investment ETF (BATS:FPRO) shares traded up 0.4% during mid-day trading on Friday . The stock traded as high as $25.42 and last traded at $25.31. 1,754 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 4,307 shares. The stock had previously closed at $25.20.

Fidelity Real Estate Investment ETF Trading Up 0.4%

The business has a 50-day moving average price of $25.16 and a 200 day moving average price of $24.36. The stock has a market cap of $17.08 million, a PE ratio of 40.43 and a beta of 1.03.

Institutional Investors Weigh In On Fidelity Real Estate Investment ETF

An institutional investor recently bought a new position in Fidelity Real Estate Investment ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of Fidelity Real Estate Investment ETF (BATS:FPRO) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 as of its most recent SEC filing.

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.