Residential REIT ETF (BATS:HAUS) Trading Down 0.1% – Here’s Why

Residential REIT ETF (BATS:HAUS)’s share price was down 0.1% during mid-day trading on Tuesday . The company traded as low as $18.89 and last traded at $18.92. Approximately 278 shares were traded during trading, a decline of 92% from the average daily volume of 3,297 shares. The stock had previously closed at $18.93.

Residential REIT ETF Trading Down 0.1%

The company has a market cap of $8.51 million, a price-to-earnings ratio of 42.72 and a beta of 0.78. The firm’s 50-day moving average price is $18.85 and its 200 day moving average price is $18.31.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Residential REIT ETF stock. Tidal Investments LLC purchased a new stake in Residential REIT ETF (BATS:HAUS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned approximately 10.69% of Residential REIT ETF at the end of the most recent 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.