NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Stock Price Down 1% – Time to Sell?

Shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report) traded down 1% during trading on Friday . The company traded as low as $23.90 and last traded at $23.90. 13,668 shares were traded during trading, an increase of 6% from the average session volume of 12,842 shares. The stock had previously closed at $24.13.

NETLease Corporate Real Estate ETF Price Performance

The firm has a market capitalization of $54.49 million, a P/E ratio of 21.73 and a beta of 1.02. The company’s 50-day simple moving average is $23.75 and its two-hundred day simple moving average is $25.30.

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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