MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) shares were up 6.1% during trading on Wednesday . The company traded as high as $14.99 and last traded at $14.99. Approximately 12,656 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 103,529 shares. The stock had previously closed at $14.13.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 4.3 %
The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The company’s 50 day moving average is $16.33 and its 200 day moving average is $19.87.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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