Versant Capital Management Inc Reduces Stock Position in NETLease Corporate Real Estate ETF (NYSEARCA:NETL)

Versant Capital Management Inc reduced its holdings in shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL) by 8.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,218 shares of the company’s stock after selling 769 shares during the quarter. Versant Capital Management Inc owned 0.36% of NETLease Corporate Real Estate ETF worth $193,000 as of its most recent SEC filing.

NETLease Corporate Real Estate ETF Stock Performance

NYSEARCA:NETL opened at $23.62 on Friday. The company has a market capitalization of $53.85 million, a price-to-earnings ratio of 21.73 and a beta of 1.02. NETLease Corporate Real Estate ETF has a one year low of $21.90 and a one year high of $27.67. The stock has a 50-day simple moving average of $24.90 and a 200 day simple moving average of $25.42.

NETLease Corporate Real Estate ETF Profile

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.