NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Stock Price Down 0.4% – Here’s Why

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report)’s share price was down 0.4% during trading on Thursday . The company traded as low as $26.29 and last traded at $26.37. Approximately 4,401 shares were traded during trading, a decline of 59% from the average daily volume of 10,643 shares. The stock had previously closed at $26.48.

NETLease Corporate Real Estate ETF Price Performance

The firm has a market capitalization of $48.06 million, a PE ratio of -34.55 and a beta of 0.86. The firm has a 50-day simple moving average of $25.95 and a 200-day simple moving average of $25.25.

NETLease Corporate Real Estate ETF Company Profile

(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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