Residential REIT ETF (BATS:HAUS) Stock Price Down 1.2% – Here’s Why

Residential REIT ETF (BATS:HAUS) shares fell 1.2% during mid-day trading on Monday . The stock traded as low as $17.75 and last traded at $17.85. 6,852 shares changed hands during trading, The stock had previously closed at $18.07.

Residential REIT ETF Price Performance

The business’s fifty day simple moving average is $19.18 and its 200 day simple moving average is $19.17. The stock has a market cap of $2.35 million, a price-to-earnings ratio of 28.68 and a beta of 0.87.

Hedge Funds Weigh In On Residential REIT ETF

An institutional investor recently bought a new position in Residential REIT ETF stock. Centric Wealth Management purchased a new position in shares of Residential REIT ETF (BATS:HAUS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 28,159 shares of the company’s stock, valued at approximately $541,000. Centric Wealth Management owned 21.66% of Residential REIT ETF as of its most recent filing with the Securities and Exchange Commission.

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.