Hoya Capital Housing ETF (NYSEARCA:HOMZ) Stock Price Down 0.3% – Here’s What Happened

Hoya Capital Housing ETF (NYSEARCA:HOMZ)’s share price dropped 0.3% on Wednesday . The stock traded as low as $47.59 and last traded at $47.66. 6,773 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 3,015 shares. The stock had previously closed at $47.78.

Hoya Capital Housing ETF Price Performance

The business has a 50 day simple moving average of $44.59 and a 200 day simple moving average of $45.48. The company has a market capitalization of $36.70 million, a price-to-earnings ratio of 14.42 and a beta of 1.10.

Hedge Funds Weigh In On Hoya Capital Housing ETF

An institutional investor recently raised its position in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC boosted its position in shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,297 shares of the company’s stock after acquiring an additional 407 shares during the quarter. Hoya Capital Housing ETF accounts for approximately 35.4% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its biggest position. Hoya Capital Real Estate LLC owned 6.27% of Hoya Capital Housing ETF worth $2,191,000 at the end of the most recent quarter.

About Hoya Capital Housing ETF

The Hoya Capital Housing ETF (HOMZ) is an exchange-traded fund that is based on the Hoya Capital Housing 100 index. The fund tracks a tier-weighted index of 100 equities representing the US residential housing industry. HOMZ was launched on Mar 20, 2019 and is managed by Hoya.