iShares Environmentally Aware Real Estate ETF (NASDAQ:ERET) Trading Down 1.1% – Should You Sell?

iShares Environmentally Aware Real Estate ETF (NASDAQ:ERETGet Free Report)’s share price traded down 1.1% during mid-day trading on Friday . The stock traded as low as $27.57 and last traded at $27.57. 9,420 shares changed hands during trading, an increase of 315% from the average session volume of 2,272 shares. The stock had previously closed at $27.88.

iShares Environmentally Aware Real Estate ETF Stock Down 1.1%

The stock has a fifty day simple moving average of $29.13 and a 200-day simple moving average of $28.76. The company has a market capitalization of $27.54 million, a P/E ratio of 26.85 and a beta of 0.80.

About iShares Environmentally Aware Real Estate ETF

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The iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate companies from developed markets weighted based on a target exposure to green certification, energy efficiency, and level of carbon emission intensity. ERET was launched on Nov 15, 2022 and is managed by BlackRock.

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