NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Shares Up 0.1% – Still a Buy?

NETLease Corporate Real Estate ETF (NYSEARCA:NETLGet Free Report)’s share price was up 0.1% on Friday . The stock traded as high as $24.13 and last traded at $24.13. Approximately 2,056 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 7,351 shares. The stock had previously closed at $24.10.

NETLease Corporate Real Estate ETF Price Performance

The company has a market cap of $40.30 million, a price-to-earnings ratio of -31.75 and a beta of 0.96. The firm has a 50 day simple moving average of $24.49 and a 200-day simple moving average of $24.37.

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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