Fidelity Real Estate Investment ETF (BATS:FPRO) Shares Up 4.3% – Still a Buy?

Fidelity Real Estate Investment ETF (BATS:FPRO) shares traded up 4.3% during mid-day trading on Friday . The stock traded as high as $22.32 and last traded at $22.69. 4,822 shares traded hands during trading, The stock had previously closed at $21.76.

Fidelity Real Estate Investment ETF Price Performance

The stock has a market capitalization of $13.05 million, a price-to-earnings ratio of 0.63 and a beta of 0.97. The stock has a 50-day moving average of $22.89 and a 200 day moving average of $23.15.

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.