VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Shares Up 0.4% – Time to Buy?

VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)’s stock price traded up 0.4% on Monday . The stock traded as high as $11.50 and last traded at $11.44. 344,726 shares were traded during trading, an increase of 30% from the average session volume of 264,770 shares. The stock had previously closed at $11.39.

VanEck Mortgage REIT Income ETF Trading Up 0.4 %

The company has a market cap of $275.70 million, a P/E ratio of 6.96 and a beta of 1.34. The business has a 50 day moving average price of $11.33 and a 200-day moving average price of $11.44.

Institutional Trading of VanEck Mortgage REIT Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in MORT. Northwestern Mutual Wealth Management Co. bought a new position in shares of VanEck Mortgage REIT Income ETF in the 2nd quarter valued at about $28,000. Mattson Financial Services LLC acquired a new stake in VanEck Mortgage REIT Income ETF in the 2nd quarter valued at about $47,000. Future Financial Wealth Managment LLC bought a new position in VanEck Mortgage REIT Income ETF during the third quarter worth about $54,000. Realta Investment Advisors increased its position in VanEck Mortgage REIT Income ETF by 337.5% during the third quarter. Realta Investment Advisors now owns 5,106 shares of the company’s stock worth $58,000 after buying an additional 3,939 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in VanEck Mortgage REIT Income ETF in the third quarter valued at approximately $184,000.

VanEck Mortgage REIT Income ETF Company Profile

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.