KFA Private Wealth Group LLC Takes $26.17 Million Position in Fidelity Real Estate Investment ETF $FPRO

KFA Private Wealth Group LLC acquired a new position in Fidelity Real Estate Investment ETF (BATS:FPRO) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,054,517 shares of the company’s stock, valued at approximately $26,170,000. Fidelity Real Estate Investment ETF makes up about 7.0% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 2nd largest position. KFA Private Wealth Group LLC owned approximately 1.56% of Fidelity Real Estate Investment ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sunbelt Securities Inc. acquired a new position in Fidelity Real Estate Investment ETF in the 1st quarter valued at $85,000. Nwam LLC bought a new position in Fidelity Real Estate Investment ETF in the 2nd quarter worth $90,000. Proficio Capital Partners LLC acquired a new position in Fidelity Real Estate Investment ETF during the 2nd quarter worth $140,000. Finally, Rehmann Capital Advisory Group acquired a new position in Fidelity Real Estate Investment ETF during the 2nd quarter worth $157,000.

Fidelity Real Estate Investment ETF Price Performance

FPRO stock opened at $24.81 on Wednesday. The stock has a market capitalization of $16.75 million, a price-to-earnings ratio of 40.43 and a beta of 1.03. The company has a 50-day moving average of $25.31 and a two-hundred day moving average of $24.62. Fidelity Real Estate Investment ETF has a 52-week low of $21.95 and a 52-week high of $26.30.

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.