Hoya Capital Housing ETF (NYSEARCA:HOMZ) Stock Price Down 1.4% – Time to Sell?

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was down 1.4% during trading on Friday . The stock traded as low as $44.42 and last traded at $44.42. Approximately 1,291 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 2,910 shares. The stock had previously closed at $45.05.

Hoya Capital Housing ETF Price Performance

The company’s 50 day moving average is $47.17 and its 200 day moving average is $44.57. The stock has a market cap of $34.20 million, a price-to-earnings ratio of 14.42 and a beta of 1.23.

Institutional Trading of Hoya Capital Housing ETF

A hedge fund recently bought a new stake in Hoya Capital Housing ETF stock. Steel Grove Capital Advisors LLC acquired a new stake in Hoya Capital Housing ETF (NYSEARCA:HOMZ) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,321 shares of the company’s stock, valued at approximately $59,000. Steel Grove Capital Advisors LLC owned 0.17% of Hoya Capital Housing ETF as of its most recent SEC filing.

About Hoya Capital Housing ETF

The Hoya Capital Housing ETF (HOMZ) is an exchange-traded fund that is based on the Hoya Capital Housing 100 index. The fund tracks a tier-weighted index of 100 equities representing the US residential housing industry. HOMZ was launched on Mar 20, 2019 and is managed by Hoya.