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

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

Fidelity Real Estate Investment ETF Price Performance

The firm has a 50-day moving average of $23.56 and a 200 day moving average of $22.89. The stock has a market capitalization of $15.17 million, a price-to-earnings ratio of 40.43 and a beta of 1.03.

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.