Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Shares Up 1.2% – Should You Buy?

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET)’s share price traded up 1.2% during mid-day trading on Friday . The company traded as high as $10.19 and last traded at $10.11. 78,078 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 59,389 shares. The stock had previously closed at $9.99.

Hoya Capital High Dividend Yield ETF Trading Up 1.2 %

The firm’s fifty day moving average is $10.72 and its 200 day moving average is $10.65. The company has a market cap of $61.67 million, a PE ratio of 12.76 and a beta of 1.17.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

A hedge fund recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Hoya Capital Real Estate LLC increased its holdings in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 33.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,163 shares of the company’s stock after acquiring an additional 13,050 shares during the quarter. Hoya Capital High Dividend Yield ETF comprises 10.3% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its 4th biggest position. Hoya Capital Real Estate LLC owned about 0.86% of Hoya Capital High Dividend Yield ETF worth $526,000 as of its most recent SEC filing.

Hoya Capital High Dividend Yield ETF Company Profile

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.