19,910 Shares in Fidelity Real Estate Investment ETF (BATS:FPRO) Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC acquired a new position in Fidelity Real Estate Investment ETF (BATS:FPRO) during the fourth quarter, Holdings Channel reports. The firm acquired 19,910 shares of the company’s stock, valued at approximately $431,000.

Fidelity Real Estate Investment ETF Stock Down 0.8 %

Shares of FPRO stock opened at $19.50 on Friday. The stock has a market capitalization of $11.70 million, a P/E ratio of 0.61 and a beta of 0.97. The stock has a 50-day simple moving average of $20.58 and a two-hundred day simple moving average of $20.32.

Fidelity Real Estate Investment ETF 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.