NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) shares dropped 0.1% during mid-day trading on Thursday . The stock traded as low as $26.95 and last traded at $26.95. 7,812 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 11,199 shares. The stock had previously closed at $26.97.
NETLease Corporate Real Estate ETF Price Performance
The business has a 50 day simple moving average of $26.49 and a 200 day simple moving average of $25.78. The company has a market cap of $53.90 million, a price-to-earnings ratio of -35.46 and a beta of 0.84.
About NETLease Corporate Real Estate ETF
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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