Fidelity Real Estate Investment ETF (BATS:FPRO) Trading 0.7% Higher – Here’s Why

Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report) shares rose 0.7% on Thursday . The stock traded as high as $24.27 and last traded at $23.97. Approximately 7,596 shares were traded during trading, an increase of 55% from the average daily volume of 4,886 shares. The stock had previously closed at $23.80.

Fidelity Real Estate Investment ETF Stock Up 0.7%

The company’s 50-day simple moving average is $22.71 and its 200 day simple moving average is $22.63. The company has a market capitalization of $16.18 million, a P/E ratio of 40.43 and a beta of 1.03.

About Fidelity Real Estate Investment ETF

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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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