Residential REIT ETF (BATS:HAUS) Stock Price Down 0.2% – What’s Next?

Residential REIT ETF (BATS:HAUS)’s stock price dropped 0.2% during trading on Monday . The company traded as low as $17.80 and last traded at $17.91. Approximately 536 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 3,982 shares. The stock had previously closed at $17.94.

Residential REIT ETF Stock Performance

The stock’s 50 day moving average price is $17.92 and its 200 day moving average price is $17.70. The company has a market capitalization of $8.06 million, a P/E ratio of 42.72 and a beta of 0.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HAUS. Tidal Investments LLC bought a new position in Residential REIT ETF during the second quarter worth $875,000. Spire Wealth Management bought a new position in Residential REIT ETF during the third quarter worth $121,000. Finally, Ethos Financial Group LLC boosted its stake in Residential REIT ETF by 10.8% during the third quarter. Ethos Financial Group LLC now owns 29,027 shares of the company’s stock worth $517,000 after acquiring an additional 2,830 shares in the last quarter.

About Residential REIT ETF

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.