Residential REIT ETF (BATS:HAUS) Shares Up 0.4% – Here’s Why

Residential REIT ETF (BATS:HAUS)’s share price was up 0.4% during trading on Wednesday . The company traded as high as $18.45 and last traded at $18.43. Approximately 965 shares changed hands during trading, a decline of 69% from the average session volume of 3,093 shares. The stock had previously closed at $18.36.

Residential REIT ETF Stock Performance

The company has a market capitalization of $8.43 million, a price-to-earnings ratio of 42.72 and a beta of 0.78. The firm has a 50-day simple moving average of $18.88 and a two-hundred day simple moving average of $18.41.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Residential REIT ETF stock. Tidal Investments LLC bought a new position in shares of Residential REIT ETF (BATS:HAUS) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned 10.69% of Residential REIT ETF as of its most recent SEC filing.

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.