MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $12.97 and last traded at $13.06, with a volume of 9438 shares trading hands. The stock had previously closed at $13.53.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 4.6 %
The business’s 50 day simple moving average is $15.85 and its two-hundred day simple moving average is $19.46. The firm has a market capitalization of $9.41 billion, a P/E ratio of 34.87 and a beta of -4.76.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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