NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Stock Price Down 0.5% – Should You Sell?

NETLease Corporate Real Estate ETF (NYSEARCA:NETL)’s stock price dropped 0.5% on Tuesday . The company traded as low as $24.68 and last traded at $24.68. Approximately 2,958 shares traded hands during trading, a decline of 70% from the average daily volume of 9,787 shares. The stock had previously closed at $24.81.

NETLease Corporate Real Estate ETF Stock Performance

The stock’s fifty day moving average price is $25.60 and its 200-day moving average price is $25.39. The firm has a market cap of $53.37 million, a PE ratio of 21.73 and a beta of 1.02.

NETLease Corporate Real Estate ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, September 25th. Shareholders of record on Tuesday, September 24th were issued a $0.10 dividend. The ex-dividend date was Tuesday, September 24th.

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.