ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) dropped 2.7% during mid-day trading on Friday . The company traded as low as $21.45 and last traded at $22.91. Approximately 2,272 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 2,600 shares. The stock had previously closed at $23.53.
ETRACS 2x Leveraged US Size Factor TR ETN Stock Down 2.7 %
The stock’s 50-day moving average price is $21.74 and its 200 day moving average price is $20.23.
ETRACS 2x Leveraged US Size Factor TR ETN Company Profile
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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