NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Get Free Report) shares were up 0.7% during mid-day trading on Thursday . The company traded as high as $26.80 and last traded at $26.76. Approximately 15,218 shares changed hands during trading, an increase of 38% from the average session volume of 11,028 shares. The stock had previously closed at $26.57.
NETLease Corporate Real Estate ETF Stock Down 0.6%
The firm has a 50 day moving average price of $26.98 and a 200 day moving average price of $26.37. The stock has a market cap of $54.02 million, a PE ratio of -35.01 and a beta of 0.84.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in NETLease Corporate Real Estate ETF stock. Continuum Advisory LLC purchased a new stake in NETLease Corporate Real Estate ETF (NYSEARCA:NETL – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,995 shares of the company’s stock, valued at approximately $53,000. Continuum Advisory LLC owned approximately 0.10% of NETLease Corporate Real Estate ETF as of its most recent filing with the SEC. 83.51% of the stock is owned by hedge funds and other institutional investors.
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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