X-trackers International Real Estate ETF (NYSEARCA:HAUZ) Trading 1% Higher – Still a Buy?

Shares of X-trackers International Real Estate ETF (NYSEARCA:HAUZ) traded up 1% during trading on Tuesday . The stock traded as high as $20.51 and last traded at $20.51. 69,748 shares traded hands during trading, a decline of 9% from the average session volume of 77,037 shares. The stock had previously closed at $20.30.

X-trackers International Real Estate ETF Price Performance

The firm’s 50-day moving average price is $19.98 and its 200 day moving average price is $21.29. The firm has a market cap of $738.36 million, a P/E ratio of 14.88 and a beta of 0.88.

Hedge Funds Weigh In On X-trackers International Real Estate ETF

An institutional investor recently raised its position in X-trackers International Real Estate ETF stock. Fairview Capital Investment Management LLC boosted its holdings in X-trackers International Real Estate ETF (NYSEARCA:HAUZ) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,175 shares of the company’s stock after acquiring an additional 7,650 shares during the period. Fairview Capital Investment Management LLC owned about 0.22% of X-trackers International Real Estate ETF worth $1,448,000 at the end of the most recent quarter.

X-trackers International Real Estate ETF Company Profile

The Xtrackers International Real Estate ETF (HAUZ) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap weighted index of global real estate stocks, excluding the US, Pakistan, and Vietnam. HAUZ was launched on Oct 1, 2013 and is managed by Xtrackers.