MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price was up 6.4% on Thursday . The stock traded as high as $10.94 and last traded at $10.72. Approximately 56,438 shares changed hands during trading, a decline of 60% from the average daily volume of 142,259 shares. The stock had previously closed at $10.08.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The firm’s 50-day moving average price is $12.03 and its two-hundred day moving average price is $15.87. The firm has a market capitalization of $8.30 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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