Residential REIT ETF (BATS:HAUS) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Residential REIT ETF (BATS:HAUS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $18.75 and traded as high as $20.25. Residential REIT ETF shares last traded at $20.18, with a volume of 3,442 shares trading hands.

Residential REIT ETF Stock Performance

The business has a 50 day simple moving average of $19.57 and a 200-day simple moving average of $18.75. The firm has a market cap of $2.62 million, a price-to-earnings ratio of 28.68 and a beta of 0.87.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Residential REIT ETF stock. Centric Wealth Management acquired a new position in shares of Residential REIT ETF (BATS:HAUS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,159 shares of the company’s stock, valued at approximately $541,000. Centric Wealth Management owned about 21.66% of Residential REIT ETF 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.