Residential REIT ETF (BATS:HAUS) Shares Up 0.5% – Here’s Why

Residential REIT ETF (BATS:HAUS) shot up 0.5% on Tuesday . The stock traded as high as $19.75 and last traded at $19.72. 2,869 shares changed hands during trading, The stock had previously closed at $19.63.

Residential REIT ETF Stock Performance

The stock has a fifty day simple moving average of $19.63 and a two-hundred day simple moving average of $18.66. The stock has a market cap of $2.56 million, a price-to-earnings ratio of 28.68 and a beta of 0.87.

Institutional Trading of Residential REIT ETF

An institutional investor recently bought a new position in Residential REIT ETF stock. Centric Wealth Management acquired a new position in Residential REIT ETF (BATS:HAUS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 28,159 shares of the company’s stock, valued at approximately $541,000. Centric Wealth Management owned about 21.66% 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.