NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Trading Down 2% – Should You Sell?

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report)’s share price fell 2% on Thursday . The company traded as low as $22.25 and last traded at $22.60. 2,389 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 9,805 shares. The stock had previously closed at $23.07.

NETLease Corporate Real Estate ETF Stock Up 1.7 %

The stock has a fifty day moving average of $24.31 and a two-hundred day moving average of $24.75. The stock has a market cap of $35.16 million, a price-to-earnings ratio of 24.65 and a beta of 1.11.

NETLease Corporate Real Estate ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Thursday, March 27th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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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