US Diversified Real Estate ETF
PPTY

$34.30

0.78%

Market Cap: $142M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

16% more funds holding

Funds holding: 19 [Q1] → 22 (+3) [Q2]

3.04% more ownership

Funds ownership: 90.29% [Q1] → 93.33% (+3.04%) [Q2]

1% more capital invested

Capital invested by funds: $116M [Q1] → $117M (+$1.11M) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for PPTY.

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Financial journalist opinion

Following their worst week since mid-2023, U.S. equity markets rebounded this week while benchmark interest rates dipped to two-year lows as investors parsed a relatively encouraging slate of inflation data. The critical CPI and PPI reports showed that - excluding the dubious shelter component - consumer and producer price pressures now appear well-contained, following the painful pandemic-era inflation surge. The S&P 500 rallied 4.0%, lifting the major equity benchmark to within 0.5% of fresh record highs. The policy-sensitive 2-Year Treasury Yield dipped to the lowest level in two years.

Fed Ahead

The Time Has Come

U.S. equity markets rallied this week while benchmark interest rates tumbled to the lows of the year after Fed Chair Powell stated that the "time has come" to cut rates. The dovish pivot, underscored by an emphasis on "cooling labor markets," was further supported by data from the BLS showing that job growth has been far weaker than initially reported. The S&P 500 gained 1.4% this week, lifting the major benchmark to back within 0.5% of all-time record-highs. The Small-Cap 600 and Mid-Cap 400 each rallied nearly 3%.

The Time Has Come

The REIT Comeback: Earnings Recap

Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. In this report, we highlight some quick incremental positives and negatives we've observed across each of the major property sectors. Next week, we'll publish our detailed "Winners & Losers" Report. Of the 96 equity REITs that provide full-year FFO guidance, 57 (59%) raised their outlook, while 13 (14%) lowered - well above the historical second-quarter average "raise rate" of 40-45%.

The REIT Comeback: Earnings Recap

REIT Earnings Halftime Report

We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise underwhelming earnings season across the broader equity market, REIT earnings results thus far have been materially better than anticipated, providing an added tailwind to rate-related optimism. Of the 65 equity REITs that have provided full-year guidance for Funds from Operations ("FFO"), 44 (68%) have raised their full-year outlook, while just 6 (8%) have lowered their outlook.

REIT Earnings Halftime Report

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

3 REIT Types Poised To Soar

The State Of REITs: July 2024

The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total return in June, but small caps (+1.01%), mid-caps (+2.29%) and large caps (+2.88%) finished in the black. 65.58% of REIT securities had a positive total return in June.

The State Of REITs: July 2024

PPTY: Location, Location, Location

Vident U.S. Diversified Real Estate ETF focuses on location, property type, leverage, and governance in its rules-based approach. PPTY passively tracks the U.S. Diversified Real Estate Index™, offering exposure to a broad range of US REITs and real estate operating companies. PPTY has outperformed the Vanguard Real Estate ETF and offers diversified exposure to the US real estate market with potential for strong returns.

PPTY: Location, Location, Location

REITs Rip As Rates Retreat

U.S. equity markets climbed to record highs, while benchmark interest rates dipped to four-month lows as investors rotated from high-flying growth stocks into beaten-down value names following a cooler-than-expected CPI report. Headline CPI declined 0.1% month-over-month, which dragged the annual increase to below 3% for the first time since March 2021, while CPI ex-Shelter is again below the Fed's 2% target. Combined with recent softness in employment data and relatively dovish Fed commentary, markets now see at least two Fed rate cuts this year, with September now viewed as a near-lock.

REITs Rip As Rates Retreat

Consumer Shows Stress

U.S. equity markets climbed to fresh record-highs this week while benchmark interest rates hovered near two-month lows as the "bad news is good news" dynamic persisted. Investors responded favorably to another relatively downbeat slate of economic data, including soft retail sales, slowing home construction activity, and a rise in unemployment claims to five-month highs. Despite weakness from chip giant Nvidia, the S&P 500 posted its eighth weekly gain in the past nine weeks, advancing 0.3% and notching another series of record-highs during the week.

Consumer Shows Stress

Why More Rate Cuts May Be Needed To Help Lift REITs

Rate cuts have finally arrived, but why hasn't it benefitted REITs? What's needed to lift the REITs market. Why REITs are still struggling.

Why More Rate Cuts May Be Needed To Help Lift REITs

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