Residential REIT ETF (BATS:HAUS) Trading 5.9% Higher – What’s Next?

Shares of Residential REIT ETF (BATS:HAUS) were up 5.9% on Tuesday . The stock traded as high as $18.62 and last traded at $19.35. Approximately 2,731 shares changed hands during mid-day trading, The stock had previously closed at $18.27.

Residential REIT ETF Price Performance

The firm has a market cap of $7.74 million, a P/E ratio of 38.96 and a beta of 0.85. The firm’s 50 day moving average is $18.58 and its 200 day moving average is $19.24.

Institutional Investors Weigh In On Residential REIT ETF

Several hedge funds and other institutional investors have recently made changes to their positions in HAUS. GTS Securities LLC boosted its holdings in Residential REIT ETF by 96.2% in the 4th quarter. GTS Securities LLC now owns 30,456 shares of the company’s stock worth $572,000 after buying an additional 14,933 shares during the period. Tidal Investments LLC raised its holdings in Residential REIT ETF by 5.0% during the fourth quarter. Tidal Investments LLC now owns 39,064 shares of the company’s stock valued at $733,000 after acquiring an additional 1,861 shares during the period. Finally, Centric Wealth Management lifted its position in shares of Residential REIT ETF by 8.9% in the fourth quarter. Centric Wealth Management now owns 30,653 shares of the company’s stock valued at $575,000 after acquiring an additional 2,494 shares in the last 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.