Park Edge Advisors LLC Invests $381,000 in ALPS Active REIT ETF (NASDAQ:REIT)

Park Edge Advisors LLC acquired a new stake in ALPS Active REIT ETF (NASDAQ:REIT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 13,990 shares of the company’s stock, valued at approximately $381,000. Park Edge Advisors LLC owned about 0.93% of ALPS Active REIT ETF as of its most recent SEC filing.

Separately, Arete Wealth Advisors LLC bought a new stake in shares of ALPS Active REIT ETF during the third quarter valued at approximately $658,000.

ALPS Active REIT ETF Trading Up 0.5 %

Shares of NASDAQ REIT opened at $27.70 on Friday. ALPS Active REIT ETF has a 12-month low of $23.61 and a 12-month high of $30.26. The company has a market cap of $42.94 million, a PE ratio of 29.33 and a beta of 1.01. The stock has a 50 day simple moving average of $27.97 and a 200-day simple moving average of $28.09.

ALPS Active REIT ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Thursday, December 19th were given a dividend of $0.1895 per share. The ex-dividend date of this dividend was Thursday, December 19th.

ALPS Active REIT ETF Profile

The ALPS Active REIT ETF (REIT) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed ETF that provides exposure to publicly traded equity securities of US REITs. REIT was launched on Feb 25, 2021 and is issued by SS&C.