NETLease Corporate Real Estate ETF (NYSEARCA:NETL) Trading 1.3% Higher

NETLease Corporate Real Estate ETF (NYSEARCA:NETL)’s stock price traded up 1.3% on Monday . The company traded as high as $20.57 and last traded at $20.57. 3,580 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 16,326 shares. The stock had previously closed at $20.30.

NETLease Corporate Real Estate ETF Stock Performance

The business’s 50-day moving average is $22.23 and its two-hundred day moving average is $23.52. The stock has a market capitalization of $75.08 million, a PE ratio of 25.06 and a beta of 1.02.

NETLease Corporate Real Estate ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, October 30th will be given a $0.095 dividend. The ex-dividend date of this dividend is Friday, October 27th.

Hedge Funds Weigh In On NETLease Corporate Real Estate ETF

An institutional investor recently bought a new position in NETLease Corporate Real Estate ETF stock. JPMorgan Chase & Co. acquired a new stake in NETLease Corporate Real Estate ETF (NYSEARCA:NETL) during the first quarter, according to its most recent filing with the SEC. The firm acquired 1,384 shares of the company’s stock, valued at approximately $35,000.

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.