MAX S&P 500 4x Leveraged ETN (NYSEARCA:XXXX – Get Free Report) shares dropped 8% on Tuesday . The company traded as low as $34.08 and last traded at $34.37. Approximately 1,639,054 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 1,315,172 shares. The stock had previously closed at $37.34.
MAX S&P 500 4x Leveraged ETN Price Performance
The stock’s 50 day moving average price is $44.84 and its 200-day moving average price is $47.10.
About MAX S&P 500 4x Leveraged ETN
The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. XXXX was launched on Dec 7, 2023 and is issued by Max.
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