Fidelity Real Estate Investment ETF (BATS:FPRO) Trading Up 0% – Should You Buy?

Fidelity Real Estate Investment ETF (BATS:FPRO)’s stock price rose 0% on Friday . The stock traded as high as $25.92 and last traded at $25.71. 8,682 shares traded hands during mid-day trading, an increase of 102% from the average daily volume of 4,288 shares. The stock had previously closed at $25.70.

Fidelity Real Estate Investment ETF Trading Up 0.0%

The stock’s 50-day moving average is $24.90 and its 200-day moving average is $24.04. The company has a market cap of $17.35 million, a price-to-earnings ratio of 40.43 and a beta of 1.03.

Institutional Investors Weigh In On Fidelity Real Estate Investment ETF

A hedge fund recently bought a new stake 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 the company in its most recent filing 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 0.55% of Fidelity Real Estate Investment ETF at the end of the most recent quarter.

About Fidelity Real Estate Investment ETF

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.