Residential REIT ETF (BATS:HAUS) Trading Up 0.1% – Should You Buy?

Residential REIT ETF (BATS:HAUS)’s stock price was up 0.1% during mid-day trading on Wednesday . The stock traded as high as $18.19 and last traded at $18.19. 119 shares changed hands during trading, a decline of 96% from the average daily volume of 2,941 shares. The stock had previously closed at $18.18.

Residential REIT ETF Stock Up 0.2%

The business has a 50 day simple moving average of $18.79 and a 200 day simple moving average of $18.47. The company has a market capitalization of $8.19 million, a PE ratio of 42.72 and a beta of 0.78.

Residential REIT ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.3402 per share. This represents a $1.36 annualized dividend and a dividend yield of 7.5%. This is an increase from Residential REIT ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On Residential REIT ETF

An institutional investor recently raised its stake in Residential REIT ETF stock. ZEGA Investments LLC boosted its stake in shares of Residential REIT ETF (BATS:HAUS) by 8.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,200 shares of the company’s stock after purchasing an additional 2,556 shares during the period. ZEGA Investments LLC owned approximately 6.93% of Residential REIT ETF worth $589,000 at the end of the most recent reporting period.

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.