Notable companies
The most notable companies in this group are PROLOGIS (NYSE:PLD), American Tower Corp (NYSE:AMT), Simon Property Group (NYSE:SPG), Zillow Group (NASDAQ:Z).
Industry description
The investment seeks higher than average income; as a secondary objective, the fund also seeks capital growth.
The fund is normally investing at least 80% of assets in debt and income-producing equity securities of companies principally engaged in the real estate industry and other real estate related investments. Debt securities include corporate bonds, government securities (including treasury securities), repurchase agreements, money market securities, mortgage and other asset-backed securities, loans and loan participations, and other securities, such as hybrids and synthetic securities, believed to have debt-like characteristics.
Market Cap
The average market capitalization across the Fidelity Real Estate Income ETF (FREI) ETF is 37B. The market cap for tickers in the group ranges from 25.65M to 176.55B. WELL holds the highest valuation in this group at 176.55B. The lowest valued company is NFE at 25.65M.
High and low price notable news
The average weekly price growth across all stocks in the Fidelity Real Estate Income ETF (FREI) ETF was 20%. For the same ETF, the average monthly price growth was 40%, and the average quarterly price growth was 29%. SITC experienced the highest price growth at 14%, while NFE experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the Fidelity Real Estate Income ETF (FREI) ETF was -43%. For the same stocks of the ETF, the average monthly volume growth was -11% and the average quarterly volume growth was -14%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 58
Price Growth Rating: 46
SMR Rating: 71
Profit Risk Rating: 72
Seasonality Score: 29 (-100 ... +100)