Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Stock Price Down 0.5% – What’s Next?

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) shares fell 0.5% during trading on Friday . The stock traded as low as $10.76 and last traded at $10.82. 34,485 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 58,132 shares. The stock had previously closed at $10.87.

Hoya Capital High Dividend Yield ETF Trading Down 0.5 %

The company has a 50-day moving average of $10.89 and a 200-day moving average of $10.61. The firm has a market capitalization of $66.00 million, a price-to-earnings ratio of 12.76 and a beta of 1.17.

Hedge Funds Weigh In On Hoya Capital High Dividend Yield ETF

A hedge fund recently raised its stake in Hoya Capital High Dividend Yield ETF stock. Hoya Capital Real Estate LLC boosted its position in Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) by 33.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,163 shares of the company’s stock after purchasing an additional 13,050 shares during the quarter. Hoya Capital High Dividend Yield ETF comprises 10.3% of Hoya Capital Real Estate LLC’s holdings, making the stock its 4th biggest position. Hoya Capital Real Estate LLC owned approximately 0.86% of Hoya Capital High Dividend Yield ETF worth $526,000 at the end of the most recent quarter.

Hoya Capital High Dividend Yield ETF Company Profile

The Hoya Capital High Dividend Yield ETF (RIET) is an exchange-traded fund that is based on the Hoya Capital High Dividend Yield index. The fund tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies. RIET was launched on Sep 21, 2021 and is managed by Hoya.