U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Stock Price Up 0.9% – Here’s Why

U.S. Diversified Real Estate ETF (NYSEARCA:PPTY)’s share price traded up 0.9% during trading on Wednesday . The stock traded as high as $32.30 and last traded at $32.15. 11,554 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 17,453 shares. The stock had previously closed at $31.87.

U.S. Diversified Real Estate ETF Stock Down 0.7 %

The stock has a market cap of $137.30 million, a P/E ratio of 28.30 and a beta of 0.99. The company’s 50 day moving average price is $33.35 and its 200-day moving average price is $32.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Diversified Real Estate ETF stock. Arkadios Wealth Advisors bought a new position in shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,048 shares of the company’s stock, valued at approximately $483,000. Arkadios Wealth Advisors owned 0.33% of U.S. Diversified Real Estate ETF at the end of the most recent reporting period.

U.S. Diversified Real Estate ETF Company Profile

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.