MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Trading 3.3% Higher

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s stock price traded up 3.3% during mid-day trading on Tuesday . The stock traded as high as $17.72 and last traded at $17.72. 31,233 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 103,371 shares. The stock had previously closed at $17.16.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Up 6.9 %

The company has a 50 day moving average of $21.44 and a two-hundred day moving average of $23.37. The firm has a market cap of $13.38 billion, a P/E ratio of 34.87 and a beta of -4.76.

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

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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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