Arkadios Wealth Advisors Takes Position in U.S. Diversified Real Estate ETF (NYSEARCA:PPTY)

Arkadios Wealth Advisors acquired a new position in shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,048 shares of the company’s stock, valued at approximately $483,000.

U.S. Diversified Real Estate ETF Stock Down 0.4 %

U.S. Diversified Real Estate ETF stock opened at $33.71 on Wednesday. The stock has a market cap of $144.95 million, a PE ratio of 28.30 and a beta of 0.99. U.S. Diversified Real Estate ETF has a 12-month low of $24.89 and a 12-month high of $34.92. The business’s 50-day moving average price is $33.86 and its two-hundred day moving average price is $31.53.

U.S. Diversified Real Estate ETF Profile

The Vident U.S. Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is managed by Vident.