Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Shares Down 0.8%

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET)’s stock price fell 0.8% during trading on Wednesday . The stock traded as low as $11.17 and last traded at $11.21. 95,523 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 59,086 shares. The stock had previously closed at $11.30.

Hoya Capital High Dividend Yield ETF Stock Up 0.7 %

The business’s 50 day simple moving average is $10.85 and its two-hundred day simple moving average is $10.37. The stock has a market cap of $68.44 million, a P/E ratio of 12.76 and a beta of 1.17.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hoya Capital High Dividend Yield ETF stock. Hoya Capital Real Estate LLC boosted its stake in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 33.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,163 shares of the company’s stock after purchasing an additional 13,050 shares during the period. Hoya Capital High Dividend Yield ETF comprises approximately 10.3% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its 4th biggest position. Hoya Capital Real Estate LLC owned approximately 0.86% of Hoya Capital High Dividend Yield ETF worth $526,000 as of its most recent SEC filing.

Hoya Capital High Dividend Yield ETF Company Profile

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.