U.S. Diversified Real Estate ETF (NYSEARCA:PPTY – Get Free Report) dropped 0.6% during mid-day trading on Wednesday . The stock traded as low as $32.49 and last traded at $32.55. Approximately 992 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 3,691 shares. The stock had previously closed at $32.74.
U.S. Diversified Real Estate ETF Price Performance
The stock has a market capitalization of $24.41 million, a P/E ratio of 34.93 and a beta of 0.95. The business’s 50 day moving average price is $31.38 and its 200 day moving average price is $30.83.
U.S. Diversified Real Estate ETF Company Profile
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.
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