Fidelity Real Estate Investment ETF (BATS:FPRO – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 3,750 shares, a drop of 59.8% from the July 30th total of 9,328 shares. Based on an average daily volume of 3,931 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.6% of the company’s stock are sold short.
Fidelity Real Estate Investment ETF Stock Performance
FPRO stock opened at $25.08 on Friday. Fidelity Real Estate Investment ETF has a 1 year low of $21.95 and a 1 year high of $26.30. The firm has a market cap of $16.93 million, a P/E ratio of 40.43 and a beta of 1.03. The stock has a 50-day simple moving average of $25.31 and a 200-day simple moving average of $24.60.
Institutional Trading of Fidelity Real Estate Investment ETF
A number of hedge funds have recently made changes to their positions in the company. Corient Private Wealth LP purchased a new position in shares of Fidelity Real Estate Investment ETF in the second quarter valued at $146,000. Concurrent Investment Advisors LLC purchased a new stake in Fidelity Real Estate Investment ETF during the 2nd quarter worth $279,000. Proficio Capital Partners LLC purchased a new stake in Fidelity Real Estate Investment ETF during the 2nd quarter worth $140,000. Nwam LLC acquired a new position in Fidelity Real Estate Investment ETF in the 2nd quarter worth $90,000. Finally, Rehmann Capital Advisory Group acquired a new position in Fidelity Real Estate Investment ETF in the 2nd quarter worth $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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