Residential REIT ETF (BATS:HAUS) Shares Down 1.7% – What’s Next?

Residential REIT ETF (BATS:HAUS)’s share price fell 1.7% during trading on Thursday . The stock traded as low as $18.1208 and last traded at $17.8790. 1,613 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 5,704 shares. The stock had previously closed at $18.1961.

Residential REIT ETF Stock Down 0.4%

The company has a 50-day moving average of $17.74 and a 200-day moving average of $17.65. The company has a market cap of $8.16 million, a PE ratio of 42.72 and a beta of 0.78.

Institutional Trading of Residential REIT ETF

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

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.