Residential REIT ETF (BATS:HAUS) Trading Up 5.9% – Time to Buy?

Shares of Residential REIT ETF (BATS:HAUS) traded up 5.9% during trading on Tuesday . The company traded as high as $18.62 and last traded at $19.35. 2,731 shares were traded during mid-day trading, The stock had previously closed at $18.27.

Residential REIT ETF Trading Up 5.9 %

The company has a 50 day moving average of $18.58 and a 200 day moving average of $19.24. The firm has a market cap of $7.74 million, a price-to-earnings ratio of 38.96 and a beta of 0.85.

Institutional Trading of Residential REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Centric Wealth Management acquired a new position in shares of Residential REIT ETF during the 3rd quarter worth approximately $541,000. GTS Securities LLC grew its position in Residential REIT ETF by 96.2% during the fourth quarter. GTS Securities LLC now owns 30,456 shares of the company’s stock worth $572,000 after buying an additional 14,933 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in Residential REIT ETF by 5.0% during 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 during the period.

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.