NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Shares Down 0.3% – Should You Sell?

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report)’s share price was down 0.3% during mid-day trading on Wednesday . The company traded as low as $23.65 and last traded at $23.73. Approximately 24,728 shares traded hands during mid-day trading, an increase of 220% from the average daily volume of 7,739 shares. The stock had previously closed at $23.81.

NETLease Corporate Real Estate ETF Stock Performance

The stock has a market cap of $39.63 million, a price-to-earnings ratio of -31.22 and a beta of 0.96. The business has a 50-day simple moving average of $24.00 and a two-hundred day simple moving average of $24.34.

About NETLease Corporate Real Estate ETF

(Get Free Report)

The fundamental Income Net Lease Real Estate ETF (NETL) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index that provides current income by investing in net lease US real estate equities weighted by a modified market-cap strategy. NETL was launched on Mar 22, 2019 and is managed by NETL.

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