ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDL) Shares Down 0.7%

Shares of ETRACS 2x Leveraged US Value Factor TR ETN (NYSEARCA:IWDLGet Free Report) fell 0.7% on Tuesday . The company traded as low as $40.47 and last traded at $40.47. 3 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 308 shares. The stock had previously closed at $40.77.

ETRACS 2x Leveraged US Value Factor TR ETN Price Performance

The business’s fifty day moving average is $38.23 and its two-hundred day moving average is $36.34.

ETRACS 2x Leveraged US Value Factor TR ETN Company Profile

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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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