ALPS Active REIT ETF (NASDAQ:REIT – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.53 and traded as high as $26.81. ALPS Active REIT ETF shares last traded at $26.7390, with a volume of 4,640 shares.
ALPS Active REIT ETF Trading Up 1.1%
The firm has a market cap of $45.46 million, a PE ratio of 35.67 and a beta of 0.99. The business’s 50-day simple moving average is $26.69 and its 200 day simple moving average is $26.53.
Hedge Funds Weigh In On ALPS Active REIT ETF
A number of large investors have recently bought and sold shares of the business. Ellsworth Advisors LLC lifted its holdings in ALPS Active REIT ETF by 6.2% during the third quarter. Ellsworth Advisors LLC now owns 138,735 shares of the company’s stock worth $3,702,000 after buying an additional 8,066 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of ALPS Active REIT ETF by 96.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,688 shares of the company’s stock worth $439,000 after purchasing an additional 8,196 shares during the last quarter. Main Street Group LTD lifted its stake in shares of ALPS Active REIT ETF by 187.9% during the 2nd quarter. Main Street Group LTD now owns 2,372 shares of the company’s stock worth $62,000 after purchasing an additional 1,548 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in ALPS Active REIT ETF during the second quarter valued at about $35,000. Finally, Goldman Sachs Group Inc. purchased a new position in ALPS Active REIT ETF in the first quarter valued at about $413,000.
About ALPS Active REIT ETF
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.
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