ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report)’s share price rose 3% on Monday . The stock traded as high as $28.88 and last traded at $28.88. Approximately 166 shares were traded during trading, a decline of 55% from the average daily volume of 366 shares. The stock had previously closed at $28.04.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Stock Performance
The company has a 50 day simple moving average of $31.70 and a two-hundred day simple moving average of $30.44.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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