MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading 6.4% Higher – What’s Next?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price shot up 6.4% during trading on Friday . The stock traded as high as $155.35 and last traded at $155.35. 67,192 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 145,712 shares. The stock had previously closed at $146.00.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Up 3.2 %

The firm has a market cap of $109.93 billion, a PE ratio of 83.95 and a beta of 4.73. The business has a 50 day simple moving average of $136.10 and a two-hundred day simple moving average of $137.85.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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