Fidelity Real Estate Investment ETF (BATS:FPRO – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 3,750 shares, a decline of 59.8% from the July 30th total of 9,328 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 3,931 shares, the days-to-cover ratio is currently 1.0 days.
Fidelity Real Estate Investment ETF Stock Performance
BATS FPRO opened at $25.08 on Friday. The company has a market cap of $16.93 million, a P/E ratio of 40.43 and a beta of 1.03. The business’s 50 day moving average price is $25.31 and its 200-day moving average price is $24.60. Fidelity Real Estate Investment ETF has a fifty-two week low of $21.95 and a fifty-two week high of $26.30.
Institutional Investors Weigh In On Fidelity Real Estate Investment ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Nwam LLC bought a new stake in shares of Fidelity Real Estate Investment ETF in the 2nd quarter worth about $90,000. Sunbelt Securities Inc. bought a new position in Fidelity Real Estate Investment ETF during the 1st quarter valued at about $85,000. Proficio Capital Partners LLC bought a new position in Fidelity Real Estate Investment ETF during the 2nd quarter valued at about $140,000. Corient Private Wealth LP purchased a new stake in Fidelity Real Estate Investment ETF in the 2nd quarter worth about $146,000. Finally, Rehmann Capital Advisory Group purchased a new stake in Fidelity Real Estate Investment ETF in the 2nd quarter worth about $157,000.
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.
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