ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Shares Down 2.7% – What’s Next?

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report) was down 2.7% on Friday . The company traded as low as $21.45 and last traded at $22.91. Approximately 2,272 shares were traded during trading, a decline of 13% from the average daily volume of 2,600 shares. The stock had previously closed at $23.53.

ETRACS 2x Leveraged US Size Factor TR ETN Trading Down 2.7 %

The firm has a 50-day simple moving average of $21.74 and a two-hundred day simple moving average of $20.23.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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