Fidelity Real Estate Investment ETF (BATS:FPRO) Stock Price Down 1.7% – Should You Sell?

Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report)’s stock price was down 1.7% on Tuesday . The company traded as low as $22.7450 and last traded at $22.2810. Approximately 1,344 shares were traded during mid-day 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 Trading Down 1.7%

The firm has a 50-day simple moving average of $22.56 and a two-hundred day simple moving average of $22.62. The company has a market capitalization of $15.04 million, a price-to-earnings 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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