Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Trading 1.1% Higher

Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) shares rose 1.1% during trading on Monday . The stock traded as high as $9.88 and last traded at $9.87. Approximately 73,392 shares were traded during trading, an increase of 33% from the average daily volume of 55,358 shares. The stock had previously closed at $9.76.

Hoya Capital High Dividend Yield ETF Stock Performance

The business has a 50-day simple moving average of $10.07 and a two-hundred day simple moving average of $10.11. The company has a market capitalization of $59.60 million, a price-to-earnings ratio of 12.50 and a beta of 1.20.

Hedge Funds Weigh In On Hoya Capital High Dividend Yield ETF

Institutional investors have recently bought and sold shares of the company. Essex Financial Services Inc. purchased a new stake in shares of Hoya Capital High Dividend Yield ETF in the fourth quarter valued at about $116,000. Hoya Capital Real Estate LLC boosted its holdings in Hoya Capital High Dividend Yield ETF by 10.4% in the 3rd quarter. Hoya Capital Real Estate LLC now owns 50,133 shares of the company’s stock valued at $492,000 after purchasing an additional 4,730 shares in the last quarter. Finally, Pettee Investors Inc. increased its position in Hoya Capital High Dividend Yield ETF by 43.1% during the 3rd quarter. Pettee Investors Inc. now owns 56,754 shares of the company’s stock worth $557,000 after purchasing an additional 17,085 shares during the period.

About Hoya Capital High Dividend Yield ETF

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.