|Day Low/High||29.25 / 30.91|
|52 Wk Low/High||19.74 / 46.45|
Six of the eight active names are in positive territory.
Since the last update, both portfolios are up about 9%, keeping the performance gap at about 1700 bps.
While Fitbit is still the best performer, other names are beginning to carry their weight.
While this experiment is still inconclusive, it's still nice to see both groups of triple nets outperforming.
Can an active approach outperform a passive approach in small, deeper value names?
These companies are trading between 2x and 3x net current asset value, and with a market cap in excess of $100 million.
One thing is certain: Triple-nets are not a common investment hunting ground, but some may be the recipe for the next ETF.
Semiconductor and laser company nLilght shares surged almost 50% Thursday in its public debut on Nasdaq.