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

Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report) shares traded up 0.8% during mid-day trading on Thursday . The stock traded as high as $22.35 and last traded at $22.31. 4,654 shares traded hands during mid-day trading, The stock had previously closed at $22.13.

Fidelity Real Estate Investment ETF Stock Performance

The stock has a market capitalization of $12.84 million, a price-to-earnings ratio of 0.63 and a beta of 0.97. The firm’s 50 day moving average is $23.30 and its 200-day moving average is $23.00.

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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