MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $14.07, but opened at $14.58. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $14.61, with a volume of 5,092 shares traded.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The firm’s 50-day simple moving average is $17.31 and its two-hundred day simple moving average is $20.69.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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