Residential REIT ETF (BATS:HAUS) Stock Price Down 1.7% – What’s Next?

Shares of Residential REIT ETF (BATS:HAUS) fell 1.7% on Thursday . The company traded as low as $18.1208 and last traded at $17.8790. 1,613 shares were traded during trading, a decline of 72% from the average session volume of 5,704 shares. The stock had previously closed at $18.1961.

Residential REIT ETF Stock Performance

The firm has a fifty day simple moving average of $17.73 and a 200-day simple moving average of $17.65. The firm has a market cap of $8.05 million, a price-to-earnings ratio of 42.72 and a beta of 0.78.

Institutional Trading of Residential REIT ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ethos Financial Group LLC raised its holdings in Residential REIT ETF by 10.8% in the 3rd quarter. Ethos Financial Group LLC now owns 29,027 shares of the company’s stock valued at $517,000 after acquiring an additional 2,830 shares during the period. Spire Wealth Management bought a new stake in shares of Residential REIT ETF during the third quarter worth approximately $121,000. Finally, Tidal Investments LLC acquired a new position in shares of Residential REIT ETF in the second quarter valued at approximately $875,000.

Residential REIT ETF Company Profile

The Home Appreciation U.S. REIT ETF (HAUS) is an exchange-traded fund that mostly invests in real estate equity. The fund provides exposure to publicly traded REITS that derive a substantial amount of their revenue from US residential properties. The fund is actively managed. HAUS was launched on Feb 28, 2022 and is managed by Armada ETF Advisors.