U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Shares Up 0.5%

U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as $30.34 and last traded at $30.30. 4,258 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 9,024 shares. The stock had previously closed at $30.14.

U.S. Diversified Real Estate ETF Price Performance

The company’s fifty day moving average price is $29.55 and its 200 day moving average price is $29.58. The company has a market cap of $130.20 million, a PE ratio of 28.30 and a beta of 0.99.

Hedge Funds Weigh In On U.S. Diversified Real Estate ETF

A hedge fund recently bought a new stake in U.S. Diversified Real Estate ETF stock. Appleton Partners Inc. MA bought a new stake in shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,105 shares of the company’s stock, valued at approximately $215,000. Appleton Partners Inc. MA owned 0.17% of U.S. Diversified Real Estate ETF as of its most recent SEC filing.

U.S. Diversified Real Estate ETF Company Profile

The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.