Xtrackers International Real Estate ETF (NYSEARCA:HAUZ) Sees Unusually-High Trading Volume – Still a Buy?

Xtrackers International Real Estate ETF (NYSEARCA:HAUZ) shares saw strong trading volume on Wednesday . 714,386 shares were traded during mid-day trading, an increase of 660% from the previous session’s volume of 93,997 shares.The stock last traded at $23.35 and had previously closed at $23.67.

Xtrackers International Real Estate ETF Stock Down 1.4%

The firm has a market cap of $966.69 million, a price-to-earnings ratio of 17.71 and a beta of 0.80. The business has a 50 day moving average of $24.51 and a 200 day moving average of $23.81.

Institutional Investors Weigh In On Xtrackers International Real Estate ETF

A hedge fund recently bought a new stake in Xtrackers International Real Estate ETF stock. Root Financial Partners LLC acquired a new stake in Xtrackers International Real Estate ETF (NYSEARCA:HAUZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,181 shares of the company’s stock, valued at approximately $28,000.

About Xtrackers International Real Estate ETF

The Xtrackers International Real Estate ETF (HAUZ) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap weighted index of global real estate stocks, excluding the US, Pakistan, and Vietnam. HAUZ was launched on Oct 1, 2013 and is managed by Xtrackers.