Residential REIT ETF (BATS:HAUS) Stock Price Up 5.2% – Should You Buy?

Residential REIT ETF (BATS:HAUS)’s stock price rose 5.2% during trading on Wednesday . The stock traded as high as $18.62 and last traded at $19.22. Approximately 2,731 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 5,153 shares. The stock had previously closed at $18.27.

Residential REIT ETF Stock Performance

The company’s 50-day moving average price is $18.80 and its 200 day moving average price is $19.24. The stock has a market capitalization of $7.69 million, a PE ratio of 39.27 and a beta of 0.83.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Tidal Investments LLC increased its stake in shares of Residential REIT ETF by 5.0% in the 4th quarter. Tidal Investments LLC now owns 39,064 shares of the company’s stock worth $733,000 after acquiring an additional 1,861 shares in the last quarter. Centric Wealth Management increased its stake in shares of Residential REIT ETF by 8.9% in the 4th quarter. Centric Wealth Management now owns 30,653 shares of the company’s stock worth $575,000 after acquiring an additional 2,494 shares in the last quarter. Finally, GTS Securities LLC increased its stake in shares of Residential REIT ETF by 96.2% in the 4th quarter. GTS Securities LLC now owns 30,456 shares of the company’s stock worth $572,000 after acquiring an additional 14,933 shares in the last quarter.

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.