Residential REIT ETF (BATS:HAUS) Stock Price Down 2.8% – Here’s What Happened

Residential REIT ETF (BATS:HAUS)’s stock price was down 2.8% on Monday . The stock traded as low as $18.1208 and last traded at $17.6910. Approximately 1,613 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 5,704 shares. The stock had previously closed at $18.1961.

Residential REIT ETF Stock Down 2.8%

The business has a 50-day moving average price of $17.46 and a 200-day moving average price of $17.80. The firm has a market capitalization of $7.96 million, a PE ratio of 42.72 and a beta of 0.78.

Hedge Funds Weigh In On Residential REIT ETF

Hedge funds have recently made changes to their positions in the company. Ethos Financial Group LLC acquired a new stake in Residential REIT ETF in the first quarter valued at $424,000. Spire Wealth Management bought a new stake in Residential REIT ETF in the third quarter valued at $121,000. Tidal Investments LLC bought a new stake in Residential REIT ETF in the 2nd quarter valued at about $875,000. Finally, Centric Wealth Management boosted its position in shares of Residential REIT ETF by 6.6% during the first quarter. Centric Wealth Management now owns 32,685 shares of the company’s stock worth $638,000 after buying an additional 2,032 shares during the period.

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.