Advisors Preferred LLC Purchases New Stake in U.S. Diversified Real Estate ETF (NYSEARCA:PPTY)

Advisors Preferred LLC purchased a new stake in shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,310 shares of the company’s stock, valued at approximately $233,000. Advisors Preferred LLC owned about 0.17% of U.S. Diversified Real Estate ETF as of its most recent SEC filing.

Separately, Arkadios Wealth Advisors bought a new stake in U.S. Diversified Real Estate ETF during the 3rd quarter valued at $483,000.

U.S. Diversified Real Estate ETF Stock Down 0.2 %

NYSEARCA:PPTY opened at $32.52 on Friday. The company has a fifty day moving average of $32.40 and a 200 day moving average of $33.08. U.S. Diversified Real Estate ETF has a 52 week low of $27.87 and a 52 week high of $34.92. The firm has a market capitalization of $139.84 million, a P/E ratio of 28.30 and a beta of 0.99.

U.S. Diversified Real Estate ETF Profile

The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.