iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Stock Break Below 200 Day Moving Average – Time to Sell?

Shares of iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $28.49 and traded as low as $28.45. iShares Environmentally Aware Real Estate ETF shares last traded at $28.4350, with a volume of 4,381 shares traded.

iShares Environmentally Aware Real Estate ETF Stock Down 1.1%

The firm’s 50-day moving average price is $27.68 and its 200-day moving average price is $28.49. The company has a market cap of $13.65 million, a P/E ratio of 26.85 and a beta of 0.79.

About iShares Environmentally Aware Real Estate ETF

(Get Free Report)

The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.

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