ALPS Active REIT ETF (NASDAQ:REIT) Stock Passes Above 200 Day Moving Average – Time to Sell?

ALPS Active REIT ETF (NASDAQ:REIT)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.21 and traded as high as $28.23. ALPS Active REIT ETF shares last traded at $27.88, with a volume of 7,054 shares.

ALPS Active REIT ETF Stock Performance

The stock has a fifty day moving average of $27.48 and a 200-day moving average of $28.22. The company has a market cap of $43.21 million, a PE ratio of 34.15 and a beta of 1.01.

ALPS Active REIT ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Thursday, December 19th were issued a dividend of $0.1895 per share. The ex-dividend date was Thursday, December 19th.

Hedge Funds Weigh In On ALPS Active REIT ETF

A number of large investors have recently bought and sold shares of the business. Arete Wealth Advisors LLC boosted its holdings in ALPS Active REIT ETF by 8.0% during the 4th quarter. Arete Wealth Advisors LLC now owns 24,559 shares of the company’s stock valued at $669,000 after acquiring an additional 1,822 shares during the period. National Bank of Canada FI boosted its holdings in ALPS Active REIT ETF by 35.8% during the 4th quarter. National Bank of Canada FI now owns 3,822 shares of the company’s stock valued at $104,000 after acquiring an additional 1,007 shares during the period. Arbor Capital Management Inc. ADV boosted its holdings in ALPS Active REIT ETF by 18.4% during the 4th quarter. Arbor Capital Management Inc. ADV now owns 24,835 shares of the company’s stock valued at $682,000 after acquiring an additional 3,853 shares during the period. Harbour Investments Inc. raised its position in ALPS Active REIT ETF by 1,388.6% during the 4th quarter. Harbour Investments Inc. now owns 2,471 shares of the company’s stock valued at $67,000 after purchasing an additional 2,305 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its position in ALPS Active REIT ETF by 383.0% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 116,917 shares of the company’s stock valued at $3,187,000 after purchasing an additional 92,709 shares in the last quarter.

ALPS Active REIT ETF Company Profile

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.