U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Trading Up 0.1% – What’s Next?

Shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) shot up 0.1% during mid-day trading on Monday . The company traded as high as $33.34 and last traded at $33.06. 4,313 shares were traded during mid-day trading, a decline of 78% from the average session volume of 19,723 shares. The stock had previously closed at $33.04.

U.S. Diversified Real Estate ETF Trading Up 0.1 %

The business has a 50 day moving average of $32.17 and a 200-day moving average of $33.15. The stock has a market cap of $62.81 million, a PE ratio of 32.11 and a beta of 1.05.

Institutional Trading of U.S. Diversified Real Estate ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in U.S. Diversified Real Estate ETF by 9.4% in the 4th quarter. Arkadios Wealth Advisors now owns 15,373 shares of the company’s stock valued at $494,000 after buying an additional 1,325 shares during the last quarter. Advisors Preferred LLC bought a new position in shares of U.S. Diversified Real Estate ETF during the fourth quarter worth about $233,000. Finally, JPMorgan Chase & Co. bought a new position in shares of U.S. Diversified Real Estate ETF during the fourth quarter worth about $27,000.

U.S. Diversified Real Estate ETF Company Profile

The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.