ALPS Active REIT ETF (NASDAQ:REIT) Shares Pass Above 200 Day Moving Average – Time to Sell?

Shares of ALPS Active REIT ETF (NASDAQ:REIT) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.19 and traded as high as $27.19. ALPS Active REIT ETF shares last traded at $26.93, with a volume of 8,880 shares trading hands.

ALPS Active REIT ETF Price Performance

The firm’s fifty day moving average price is $26.20 and its 200-day moving average price is $27.19. The company has a market cap of $44.43 million, a price-to-earnings ratio of 31.94 and a beta of 1.01.

ALPS Active REIT ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Thursday, March 20th were given a $0.1998 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from ALPS Active REIT ETF’s previous dividend of $0.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of REIT. Harbour Investments Inc. increased its stake in shares of ALPS Active REIT ETF by 1,388.6% in the fourth quarter. Harbour Investments Inc. now owns 2,471 shares of the company’s stock valued at $67,000 after purchasing an additional 2,305 shares during the period. National Bank of Canada FI grew its holdings in ALPS Active REIT ETF by 35.8% in the 4th quarter. National Bank of Canada FI now owns 3,822 shares of the company’s stock worth $104,000 after buying an additional 1,007 shares in the last quarter. Park Edge Advisors LLC grew its holdings in ALPS Active REIT ETF by 5.7% in the 1st quarter. Park Edge Advisors LLC now owns 14,788 shares of the company’s stock worth $404,000 after buying an additional 798 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in ALPS Active REIT ETF in the 1st quarter valued at approximately $413,000. Finally, Arete Wealth Advisors LLC raised its stake in ALPS Active REIT ETF by 8.0% during the 4th quarter. Arete Wealth Advisors LLC now owns 24,559 shares of the company’s stock valued at $669,000 after acquiring an additional 1,822 shares in the last quarter.

ALPS Active REIT ETF Company Profile

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.