MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Should You Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $176.69, but opened at $166.49. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $164.39, with a volume of 68,326 shares changing hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The company has a market capitalization of $123.86 billion, a P/E ratio of 83.95 and a beta of 4.73. The business has a 50-day moving average of $166.54 and a 200-day moving average of $151.42.

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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