NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) dropped 0.6% on Wednesday . The company traded as low as $24.90 and last traded at $25.06. Approximately 26,370 shares changed hands during mid-day trading, an increase of 123% from the average daily volume of 11,805 shares. The stock had previously closed at $25.20.
NETLease Corporate Real Estate ETF Stock Down 0.6%
The stock has a market capitalization of $44.36 million, a P/E ratio of -32.97 and a beta of 0.96. The company has a 50 day moving average of $24.11 and a 200-day moving average of $24.33.
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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