MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Up – Still a Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $120.49, but opened at $127.30. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $129.90, with a volume of 28,878 shares traded.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The company has a 50 day simple moving average of $155.85 and a 200-day simple moving average of $156.31. The stock has a market capitalization of $97.89 billion, a P/E ratio of 32.15 and a beta of 4.73.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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