Shares of Residential REIT ETF (BATS:HAUS – Get Free Report) fell 0.9% during mid-day trading on Friday. The stock traded as low as $17.61 and last traded at $17.61. 295 shares changed hands during trading, a decline of 90% from the average session volume of 2,937 shares. The stock had previously closed at $17.77.
Residential REIT ETF Stock Down 0.9%
The company has a market cap of $7.57 million, a price-to-earnings ratio of 27.15 and a beta of 0.74. The company has a fifty day simple moving average of $17.38 and a two-hundred day simple moving average of $18.15.
Residential REIT ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Monday, September 28th were paid a dividend of $0.1603 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.6%. This is a drop from Residential REIT ETF’s previous quarterly dividend of $0.3402.
Institutional Investors Weigh In On Residential REIT ETF
An institutional investor recently raised its stake in Residential REIT ETF stock. ZEGA Investments LLC grew its stake in shares of Residential REIT ETF (BATS:HAUS – Free Report) by 8.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,200 shares of the company’s stock after purchasing an additional 2,556 shares during the quarter. ZEGA Investments LLC owned 6.93% of Residential REIT ETF worth $589,000 at the end of the most recent quarter.
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.
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