Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Stock Price Up 2.1% – Should You Buy?

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET)’s stock price traded up 2.1% during trading on Friday . The company traded as high as $9.24 and last traded at $9.21. 80,455 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 93,311 shares. The stock had previously closed at $9.02.

Hoya Capital High Dividend Yield ETF Trading Up 2.1%

The business’s fifty day moving average is $9.46 and its 200 day moving average is $9.52. The company has a market cap of $93.02 million, a P/E ratio of 15.37 and a beta of 1.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Hoya Capital High Dividend Yield ETF stock. Farther Finance Advisors LLC acquired a new stake in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,100 shares of the company’s stock, valued at approximately $29,000.

About Hoya Capital High Dividend Yield ETF

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.