Shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) were down 1.9% on Thursday . The company traded as low as $26.98 and last traded at $27.15. 16,115 shares traded hands during trading, an increase of 48% from the average daily volume of 10,870 shares. The stock had previously closed at $27.67.
NETLease Corporate Real Estate ETF Stock Down 1.9%
The firm’s 50 day simple moving average is $26.89 and its 200-day simple moving average is $26.18. The company has a market capitalization of $55.11 million, a PE ratio of -35.72 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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