Shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) dropped 0.1% during trading on Thursday . The stock traded as low as $25.95 and last traded at $25.95. Approximately 3,705 shares changed hands during trading, a decline of 68% from the average session volume of 11,467 shares. The stock had previously closed at $25.97.
NETLease Corporate Real Estate ETF Price Performance
The stock’s 50-day moving average price is $26.35 and its 200 day moving average price is $25.48. The company has a market cap of $47.49 million, a P/E ratio of -34.14 and a beta of 0.85.
NETLease Corporate Real Estate ETF Company Profile
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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