Hoya Capital Housing ETF (NYSEARCA:HOMZ) Shares Down 0.3% – Should You Sell?

Shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) fell 0.3% during mid-day trading on Wednesday . The company traded as low as $47.59 and last traded at $47.66. Approximately 6,773 shares traded hands during mid-day trading, an increase of 125% from the average session volume of 3,015 shares. The stock had previously closed at $47.78.

Hoya Capital Housing ETF Price Performance

The company has a market cap of $36.82 million, a price-to-earnings ratio of 14.42 and a beta of 1.10. The company’s 50-day simple moving average is $44.64 and its 200-day simple moving average is $45.49.

Institutional Trading of Hoya Capital Housing ETF

A hedge fund recently raised its position in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC grew its stake in Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,297 shares of the company’s stock after purchasing an additional 407 shares during the quarter. Hoya Capital Housing ETF makes up approximately 35.4% of Hoya Capital Real Estate LLC’s holdings, making the stock its biggest holding. Hoya Capital Real Estate LLC owned about 6.27% of Hoya Capital Housing ETF worth $2,191,000 at the end of the most recent reporting period.

About Hoya Capital Housing ETF

The Hoya Capital Housing ETF (HOMZ) is an exchange-traded fund that is based on the Hoya Capital Housing 100 index. The fund tracks a tier-weighted index of 100 equities representing the US residential housing industry. HOMZ was launched on Mar 20, 2019 and is managed by Hoya.