ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Trading Down 0.8% – Here’s Why

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report)’s stock price was down 0.8% during mid-day trading on Thursday . The company traded as low as $20.95 and last traded at $21.59. Approximately 1,552 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 21,630 shares. The stock had previously closed at $21.76.

ETRACS 2x Leveraged US Size Factor TR ETN Stock Down 0.8 %

The firm’s fifty day moving average is $23.35 and its 200-day moving average is $21.49.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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