U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Get Free Report) shares dropped 0.7% during mid-day trading on Tuesday . The stock traded as low as $34.47 and last traded at $34.47. Approximately 6,140 shares traded hands during trading, a decline of 33% from the average daily volume of 9,226 shares. The stock had previously closed at $34.72.
U.S. Diversified Real Estate ETF Price Performance
The firm has a 50-day moving average of $32.64 and a 200 day moving average of $30.63. The stock has a market capitalization of $148.22 million, a price-to-earnings ratio of 28.30 and a beta of 0.99.
About U.S. Diversified Real Estate ETF
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.
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