Residential REIT ETF (BATS:HAUS) Shares Up 5.2% – Should You Buy?

Residential REIT ETF (BATS:HAUS) shot up 5.2% during trading on Wednesday . The company traded as high as $18.62 and last traded at $19.22. 2,731 shares changed hands during trading, a decline of 47% from the average session volume of 5,153 shares. The stock had previously closed at $18.27.

Residential REIT ETF Stock Performance

The company’s fifty day moving average price is $18.82 and its two-hundred day moving average price is $19.24. The firm has a market capitalization of $7.64 million, a PE ratio of 39.27 and a beta of 0.83.

Hedge Funds Weigh In On Residential REIT ETF

Large investors have recently bought and sold shares of the stock. Tidal Investments LLC grew its stake in shares of Residential REIT ETF by 5.0% during the 4th quarter. Tidal Investments LLC now owns 39,064 shares of the company’s stock valued at $733,000 after buying an additional 1,861 shares during the period. Centric Wealth Management boosted its holdings in 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 during the last quarter. Finally, GTS Securities LLC grew its position in Residential REIT ETF by 96.2% during the fourth quarter. GTS Securities LLC now owns 30,456 shares of the company’s stock valued at $572,000 after acquiring an additional 14,933 shares during the period.

About Residential REIT ETF

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.