Residential REIT ETF (BATS:HAUS) Shares Down 5.5% – What’s Next?

Shares of Residential REIT ETF (BATS:HAUS) fell 5.5% during mid-day trading on Wednesday . The stock traded as low as $18.1208 and last traded at $17.1940. 1,613 shares were traded 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 5.5%

The firm has a market capitalization of $7.74 million, a P/E ratio of 42.72 and a beta of 0.78. The firm has a 50 day moving average of $17.59 and a 200-day moving average of $17.93.

Institutional Trading of Residential REIT ETF

Institutional investors have recently modified their holdings of the stock. Spire Wealth Management bought a new stake in shares of Residential REIT ETF during the 3rd quarter valued at $121,000. Ethos Financial Group LLC bought a new stake in Residential REIT ETF during the first quarter worth about $424,000. Centric Wealth Management lifted its position in Residential REIT ETF by 6.6% during the first quarter. Centric Wealth Management now owns 32,685 shares of the company’s stock worth $638,000 after purchasing an additional 2,032 shares during the period. Finally, Tidal Investments LLC bought a new stake in Residential REIT ETF during the second quarter worth about $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.