ALPS Active REIT ETF (NASDAQ:REIT) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

ALPS Active REIT ETF (NASDAQ:REITGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.53 and traded as high as $26.81. ALPS Active REIT ETF shares last traded at $26.7390, with a volume of 4,640 shares traded.

ALPS Active REIT ETF Stock Performance

The business’s 50-day moving average price is $26.69 and its 200-day moving average price is $26.54. The stock has a market cap of $45.46 million, a P/E ratio of 35.67 and a beta of 0.99.

Institutional Investors Weigh In On ALPS Active REIT ETF

Institutional investors have recently bought and sold shares of the business. Kestra Private Wealth Services LLC boosted its stake in shares of ALPS Active REIT ETF by 6.7% in the first quarter. Kestra Private Wealth Services LLC now owns 27,731 shares of the company’s stock worth $757,000 after acquiring an additional 1,747 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of ALPS Active REIT ETF in the first quarter worth about $413,000. Arete Wealth Advisors LLC lifted its position in shares of ALPS Active REIT ETF by 18.5% in the first quarter. Arete Wealth Advisors LLC now owns 29,107 shares of the company’s stock worth $795,000 after buying an additional 4,548 shares in the last quarter. Ellsworth Advisors LLC grew its holdings in ALPS Active REIT ETF by 2.6% during the 1st quarter. Ellsworth Advisors LLC now owns 124,495 shares of the company’s stock valued at $3,399,000 after buying an additional 3,169 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in ALPS Active REIT ETF in the 2nd quarter worth approximately $35,000.

About ALPS Active REIT ETF

(Get Free Report)

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.

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