UMB Bank n.a. Sells 3,234 Shares of NETLease Corporate Real Estate ETF (NYSEARCA:NETL)

UMB Bank n.a. reduced its stake in NETLease Corporate Real Estate ETF (NYSEARCA:NETL) by 31.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,944 shares of the company’s stock after selling 3,234 shares during the quarter. UMB Bank n.a.’s holdings in NETLease Corporate Real Estate ETF were worth $163,000 at the end of the most recent quarter.

NETLease Corporate Real Estate ETF Stock Performance

Shares of NETL stock opened at $23.47 on Friday. The firm has a market cap of $53.51 million, a price-to-earnings ratio of 21.73 and a beta of 1.02. NETLease Corporate Real Estate ETF has a 52 week low of $21.90 and a 52 week high of $27.67. The firm’s 50-day simple moving average is $24.32 and its two-hundred day simple moving average is $25.45.

NETLease Corporate Real Estate ETF Company 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.