U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Shares Down 0% – Should You Sell?

U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) shares traded down 0% during trading on Wednesday . The company traded as low as $33.45 and last traded at $33.53. 19,602 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 17,615 shares. The stock had previously closed at $33.54.

U.S. Diversified Real Estate ETF Stock Down 0.3 %

The stock has a 50-day simple moving average of $33.79 and a 200 day simple moving average of $32.54. The company has a market cap of $143.75 million, a PE ratio of 28.30 and a beta of 0.99.

Hedge Funds Weigh In On U.S. Diversified Real Estate ETF

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

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.