MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Shares Up 4.2%

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price traded up 4.2% during mid-day trading on Friday . The company traded as high as $23.32 and last traded at $23.27. 19,652 shares were traded during mid-day trading, a decline of 81% from the average session volume of 103,313 shares. The stock had previously closed at $22.34.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance

The company has a 50 day moving average of $20.89 and a 200 day moving average of $24.34. The stock has a market capitalization of $17.92 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

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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