Shares of ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL – Get Free Report) fell 0.5% during mid-day trading on Wednesday . The company traded as low as $41.10 and last traded at $41.10. 3 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 297 shares. The stock had previously closed at $41.30.
ETRACS 2x Leveraged US Value Factor TR ETN Price Performance
The business’s 50-day simple moving average is $39.65 and its 200-day simple moving average is $36.88.
ETRACS 2x Leveraged US Value Factor TR ETN Company Profile
The ETRACS 2x Leveraged US Value Factor TR ETN (IWDL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund provides 2x leveraged exposure to the compounded quarterly performance of a US large-cap index emphasizing value. IWDL was launched on Feb 5, 2021 and is issued by ETRACS.
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