Shares of ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report) shot up 1.5% during mid-day trading on Thursday . The stock traded as high as $44.12 and last traded at $44.12. 76 shares traded hands during trading, a decline of 86% from the average session volume of 529 shares. The stock had previously closed at $43.49.
ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance
The company’s fifty day moving average is $41.45 and its 200-day moving average is $39.23.
About ETRACS 2x Leveraged US Growth Factor TR ETN
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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