Fidelity Real Estate Investment ETF (BATS:FPRO) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Shares of Fidelity Real Estate Investment ETF (BATS:FPROGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.48 and traded as high as $24.20. Fidelity Real Estate Investment ETF shares last traded at $24.18, with a volume of 6,259 shares changing hands.

Fidelity Real Estate Investment ETF Stock Performance

The company has a market capitalization of $13.90 million, a PE ratio of 0.63 and a beta of 0.97. The business has a fifty day moving average price of $23.78 and a 200 day moving average price of $22.48.

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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