Residential REIT ETF (BATS:HAUS) Stock Price Down 3.4% – Should You Sell?

Shares of Residential REIT ETF (BATS:HAUS) were down 3.4% during trading on Tuesday . The stock traded as low as $18.1208 and last traded at $17.5790. Approximately 1,613 shares were traded during trading, a decline of 72% from the average daily volume of 5,704 shares. The stock had previously closed at $18.1961.

Residential REIT ETF Stock Down 3.4%

The firm has a market capitalization of $7.91 million, a P/E ratio of 42.72 and a beta of 0.78. The stock has a fifty day moving average of $17.46 and a 200-day moving average of $17.73.

Institutional Trading of Residential REIT ETF

A number of large investors have recently added to or reduced their stakes in the company. Centric Wealth Management grew its position in shares of Residential REIT ETF by 6.6% in the 1st quarter. Centric Wealth Management now owns 32,685 shares of the company’s stock valued at $638,000 after acquiring an additional 2,032 shares during the period. Ethos Financial Group LLC lifted its stake in Residential REIT ETF by 20.6% in the 2nd quarter. Ethos Financial Group LLC now owns 26,197 shares of the company’s stock valued at $477,000 after purchasing an additional 4,478 shares during the last quarter. Tidal Investments LLC bought a new position in Residential REIT ETF during the second quarter worth about $875,000. Finally, Spire Wealth Management bought a new position in Residential REIT ETF during the third quarter worth about $121,000.

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.