TAP Consulting LLC Lowers Position in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE)

TAP Consulting LLC trimmed its stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) by 34.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 24,335 shares of the company’s stock after selling 12,925 shares during the period. TAP Consulting LLC owned about 0.06% of First Trust Alerian Disruptive Technology Real Estate ETF worth $916,000 at the end of the most recent reporting period.

Separately, Raymond James Financial Inc. purchased a new stake in First Trust Alerian Disruptive Technology Real Estate ETF during the fourth quarter valued at $372,000.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Up 0.3 %

DTRE stock opened at $40.04 on Thursday. The company has a fifty day simple moving average of $38.93 and a two-hundred day simple moving average of $40.64. First Trust Alerian Disruptive Technology Real Estate ETF has a 52 week low of $35.54 and a 52 week high of $45.06. The firm has a market capitalization of $15.68 million, a P/E ratio of 30.34 and a beta of 1.10.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values.