Hoya Capital Housing ETF (NYSEARCA:HOMZ) Stock Price Down 0.6% – Should You Sell?

Shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) were down 0.6% during mid-day trading on Monday . The company traded as low as $43.68 and last traded at $44.91. Approximately 2,880 shares changed hands during trading, a decline of 12% from the average daily volume of 3,260 shares. The stock had previously closed at $45.19.

Hoya Capital Housing ETF Stock Down 0.6%

The stock’s 50-day moving average price is $47.68 and its 200-day moving average price is $46.80. The company has a market capitalization of $34.58 million, a price-to-earnings ratio of 14.42 and a beta of 1.16.

Hoya Capital Housing ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.0975 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a c) annualized dividend and a yield of 2.6%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC lifted its position in shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,297 shares of the company’s stock after acquiring an additional 407 shares during the quarter. Hoya Capital Housing ETF makes up about 35.4% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its largest position. Hoya Capital Real Estate LLC owned approximately 6.27% of Hoya Capital Housing ETF worth $2,191,000 at the end of the most recent reporting period.

Hoya Capital Housing ETF Company Profile

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.