MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Down 6.2%

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s share price was down 6.2% during trading on Thursday . The company traded as low as $21.06 and last traded at $21.07. Approximately 13,528 shares traded hands during trading, a decline of 87% from the average daily volume of 100,339 shares. The stock had previously closed at $22.47.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 9.2 %

The company has a market cap of $14.88 billion, a P/E ratio of 34.87 and a beta of -4.76. The business has a fifty day moving average price of $21.01 and a 200-day moving average price of $25.51.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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