Residential REIT ETF (BATS:HAUS) Trading 0.4% Higher – Here’s Why

Residential REIT ETF (BATS:HAUS) shares traded up 0.4% on Monday . The company traded as high as $18.61 and last traded at $18.54. Approximately 9,367 shares were traded during mid-day trading, an increase of 161% from the average daily volume of 3,583 shares. The stock had previously closed at $18.47.

Residential REIT ETF Trading Up 0.4%

The stock’s 50-day moving average price is $18.58 and its two-hundred day moving average price is $18.09. The stock has a market capitalization of $8.34 million, a P/E ratio of 42.72 and a beta of 0.78.

Hedge Funds Weigh In On Residential REIT ETF

A hedge fund recently bought a new stake in Residential REIT ETF stock. Tidal Investments LLC acquired a new stake in shares of Residential REIT ETF (BATS:HAUS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned 10.69% of Residential REIT ETF at the end of the most recent quarter.

About Residential REIT ETF

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.