NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $24.36 and traded as low as $24.11. NETLease Corporate Real Estate ETF shares last traded at $24.23, with a volume of 4,553 shares changing hands.
NETLease Corporate Real Estate ETF Trading Down 0.6%
The firm has a market cap of $47.25 million, a P/E ratio of -31.88 and a beta of 0.81. The business has a 50-day moving average of $24.36 and a two-hundred day moving average of $25.84.
Institutional Trading of NETLease Corporate Real Estate ETF
An institutional investor recently bought a new position in NETLease Corporate Real Estate ETF stock. Continuum Advisory LLC purchased a new position in shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,995 shares of the company’s stock, valued at approximately $53,000. Continuum Advisory LLC owned about 0.10% of NETLease Corporate Real Estate ETF at the end of the most recent quarter. 83.51% of the stock is currently owned by institutional investors.
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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