U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) Stock Price Up 0.5%

Shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) shot up 0.5% during mid-day trading on Tuesday . The stock traded as high as $30.34 and last traded at $30.30. 4,258 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 9,024 shares. The stock had previously closed at $30.14.

U.S. Diversified Real Estate ETF Trading Up 0.5 %

The stock has a market capitalization of $130.29 million, a price-to-earnings ratio of 28.30 and a beta of 0.99. The firm’s 50 day simple moving average is $29.52 and its 200-day simple moving average is $29.57.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in U.S. Diversified Real Estate ETF stock. Appleton Partners Inc. MA acquired a new position in shares of U.S. Diversified Real Estate ETF (NYSEARCA:PPTY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,105 shares of the company’s stock, valued at approximately $215,000. Appleton Partners Inc. MA owned about 0.17% of U.S. Diversified Real Estate ETF at the end of the most recent reporting period.

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.