Fidelity Real Estate Investment ETF (BATS:FPRO) Trading Down 1.7% – Here’s Why

Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report)’s share price was down 1.7% during trading on Wednesday . The company traded as low as $22.7450 and last traded at $22.2870. Approximately 1,344 shares changed hands during trading, a decline of 71% from the average daily volume of 4,681 shares. The stock had previously closed at $22.6756.

Fidelity Real Estate Investment ETF Stock Down 1.7%

The firm’s fifty day moving average is $22.49 and its two-hundred day moving average is $22.58. The firm has a market cap of $15.04 million, a P/E ratio of 40.43 and a beta of 1.03.

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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