Residential REIT ETF (BATS:HAUS) Shares Up 0.1% – Should You Buy?

Shares of Residential REIT ETF (BATS:HAUS) rose 0.1% during trading on Wednesday . The stock traded as high as $18.19 and last traded at $18.19. Approximately 119 shares traded hands during trading, a decline of 96% from the average daily volume of 2,941 shares. The stock had previously closed at $18.18.

Residential REIT ETF Price Performance

The company has a market cap of $8.19 million, a price-to-earnings ratio of 42.72 and a beta of 0.78. The firm has a 50-day moving average price of $18.80 and a 200 day moving average price of $18.47.

Hedge Funds Weigh In On Residential REIT ETF

A hedge fund recently raised its position in Residential REIT ETF stock. ZEGA Investments LLC increased its position in shares of Residential REIT ETF (BATS:HAUS) by 8.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,200 shares of the company’s stock after purchasing an additional 2,556 shares during the quarter. ZEGA Investments LLC owned 6.93% of Residential REIT ETF worth $589,000 at the end of the most recent reporting period.

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.