Versant Capital Management Inc Has $193,000 Holdings in NETLease Corporate Real Estate ETF (NYSEARCA:NETL)

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

NETLease Corporate Real Estate ETF Stock Performance

NETL opened at $23.62 on Friday. The company has a market cap of $53.85 million, a PE ratio of 21.73 and a beta of 1.02. The stock has a 50-day moving average of $24.90 and a 200-day moving average of $25.42. NETLease Corporate Real Estate ETF has a 52-week low of $21.90 and a 52-week high of $27.67.

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.