Residential REIT ETF (BATS:HAUS) Stock Price Down 1.7% – Here’s What Happened
by Teresa Graham · The Cerbat GemResidential REIT ETF (BATS:HAUS – Get Free Report)’s share price traded down 1.7% during trading on Thursday . The stock traded as low as $18.1208 and last traded at $17.8790. 1,613 shares traded hands during mid-day 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 Down 0.4%
The business has a 50 day moving average price of $17.74 and a two-hundred day moving average price of $17.65. The stock has a market cap of $8.16 million, a P/E ratio of 42.72 and a beta of 0.78.
Institutional Investors Weigh In On Residential REIT ETF
Several large investors have recently added to or reduced their stakes in HAUS. Spire Wealth Management bought a new stake in shares of Residential REIT ETF in the 3rd quarter valued at approximately $121,000. Ethos Financial Group LLC raised its holdings in Residential REIT ETF by 20.6% during the 2nd quarter. Ethos Financial Group LLC now owns 26,197 shares of the company’s stock valued at $477,000 after buying an additional 4,478 shares during the period. Finally, Tidal Investments LLC bought a new stake in Residential REIT ETF in the second quarter worth $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.