Hoya Capital High Dividend Yield ETF (NYSEARCA:RIET) Stock Price Up 1.1%

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

Hoya Capital High Dividend Yield ETF Stock Performance

The stock has a market cap of $59.60 million, a P/E ratio of 12.50 and a beta of 1.20. The business’s 50-day moving average price is $10.07 and its 200-day moving average price is $10.11.

Institutional Investors Weigh In On Hoya Capital High Dividend Yield ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hoya Capital Real Estate LLC boosted its stake 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 worth $492,000 after purchasing an additional 4,730 shares during the period. Pettee Investors Inc. lifted its stake in Hoya Capital High Dividend Yield ETF by 43.1% in 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 in the last quarter. Finally, Essex Financial Services Inc. bought a new position in shares of Hoya Capital High Dividend Yield ETF during the 4th quarter valued at about $116,000.

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.