Residential REIT ETF (BATS:HAUS) Shares Down 0.2% – Here’s What Happened

Residential REIT ETF (BATS:HAUS) shares dropped 0.2% during trading on Monday . The stock traded as low as $17.80 and last traded at $17.91. Approximately 536 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 3,982 shares. The stock had previously closed at $17.94.

Residential REIT ETF Trading Down 0.3%

The stock has a market capitalization of $8.12 million, a P/E ratio of 42.72 and a beta of 0.78. The company has a 50-day moving average price of $17.93 and a 200 day moving average price of $17.71.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Ethos Financial Group LLC raised its position in shares of Residential REIT ETF by 10.8% in the 3rd quarter. Ethos Financial Group LLC now owns 29,027 shares of the company’s stock worth $517,000 after acquiring an additional 2,830 shares in the last quarter. Spire Wealth Management bought a new position in shares of Residential REIT ETF in the 3rd quarter worth $121,000. Finally, Tidal Investments LLC bought a new position in shares of Residential REIT ETF in the 2nd quarter worth $875,000.

About Residential REIT ETF

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.