|Bid||27.23 x 1000|
|Ask||31.26 x 1200|
|Day's Range||30.95 - 31.29|
|52 Week Range||24.78 - 32.03|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.53%|
As investors go off the beaten road and look to alternative strategies, many are considering real estate ETF strategies to diversify an investment portfolio
Vident Financial, LLC is celebrating the announcement that the firm’s U.S. Diversified Real Estate Fund (NYSE Arca: PPTY) has been shortlisted for the 2019 Mutual Fund Industry & ETF Awards. The fund has been named a finalist in the “New ETF of the Year” and “ETF Innovation” categories. “We are very excited that PPTY has been selected as a finalist in these highly prominent categories.
Vident Financial, LLC today announced that the PPTY- U.S. Diversified Real Estate ETF (NYSE Arca: PPTY) has reached a significant milestone: $100 million in assets under management (AUM). PPTY accomplished this impressive achievement in less than a year since its launch on March 27th, 2018, making it one of the most successful new ETFs to come to market.
Vident Financial, LLC is today celebrating the news that the firm’s PPTY- U.S. Diversified Real Estate ETF (NYSE Arca: PPTY) has been named a finalist in the 2018 ETF.com Awards. “We’re thrilled that the judges in the ETF.com Awards included PPTY among the finalists in this highly competitive category. PPTY is the first ETF built based on common-sense real estate factors—location, property type, and leverage levels—factors that can play a major role in investment performance,” said Vince Birley, CEO of Vident Financial.
While the ETF industry is celebrating its quarter-century anniversary, 5-year-old Vident Financial has been attracting attention and assets.
Vident Financial, LLC rang the Opening Bell at the NYSE this morning to celebrate the successful launch of their U.S. Diversified Real Estate Fund (NYSE Arca: PPTY). A real estate-focused ETF, PPTY is a rules-based, multi-factor alternative to traditional market cap-weighted funds. PPTY seeks to track, before fees and expenses, the performance of the U.S. Diversified Real Estate Index.