Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Stock Price Up 0.6% – Time to Buy?

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET)’s stock price traded up 0.6% during trading on Tuesday . The company traded as high as $9.60 and last traded at $9.60. 81,203 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 73,557 shares. The stock had previously closed at $9.54.

Hoya Capital High Dividend Yield ETF Stock Up 0.6%

The business’s fifty day moving average price is $9.36 and its 200 day moving average price is $9.43. The firm has a market capitalization of $104.06 million, a PE ratio of 15.37 and a beta of 1.04.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Pettee Investors Inc. increased its position in shares of Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,314 shares of the company’s stock after purchasing an additional 7,985 shares during the period. Pettee Investors Inc. owned approximately 0.94% of Hoya Capital High Dividend Yield ETF worth $904,000 as of its most recent SEC filing.

Hoya Capital High Dividend Yield ETF Company Profile

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.