ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Trading Up 0.3% – Here’s Why

Shares of ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) traded up 0.3% during mid-day trading on Thursday . The company traded as high as $49.00 and last traded at $49.00. 51 shares traded hands during trading, a decline of 70% from the average session volume of 170 shares. The stock had previously closed at $48.85.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance

The company has a 50 day moving average price of $48.58 and a 200 day moving average price of $43.69.

ETRACS 2x Leveraged US Growth Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

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