Notable companies
The most notable companies in this group are PROLOGIS (NYSE:PLD), Tanger (NYSE:SKT).
Industry description
The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk.
The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.
Market Cap
The average market capitalization across the Fidelity Real Estate Investment ETF ETF is 22.3B. The market cap for tickers in the group ranges from 1.22B to 120.46B. PLD holds the highest valuation in this group at 120.46B. The lowest valued company is ELME at 1.22B.
High and low price notable news
The average weekly price growth across all stocks in the Fidelity Real Estate Investment ETF ETF was -2%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 14%. DBRG experienced the highest price growth at 3%, while CSGP experienced the biggest fall at -8%.
Volume
The average weekly volume growth across all stocks in the Fidelity Real Estate Investment ETF ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was 30% and the average quarterly volume growth was 17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 80
P/E Growth Rating: 48
Price Growth Rating: 47
SMR Rating: 67
Profit Risk Rating: 62
Seasonality Score: 30 (-100 ... +100)