Residential REIT ETF (BATS:HAUS) Trading 0.1% Higher – Still a Buy?

Residential REIT ETF (BATS:HAUS) shares rose 0.1% during trading on Wednesday . The company traded as high as $18.19 and last traded at $18.19. Approximately 119 shares were traded during trading, a decline of 96% from the average daily volume of 2,941 shares. The stock had previously closed at $18.18.

Residential REIT ETF Price Performance

The company has a market capitalization of $8.19 million, a P/E ratio of 42.72 and a beta of 0.78. The business’s 50-day moving average price is $18.80 and its two-hundred day moving average price is $18.47.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Residential REIT ETF stock. Tidal Investments LLC bought a new stake in Residential REIT ETF (BATS:HAUS) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 48,121 shares of the company’s stock, valued at approximately $875,000. Tidal Investments LLC owned 10.69% of Residential REIT ETF as of its most recent filing with the SEC.

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.