MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) saw strong trading volume on Friday . 428 shares traded hands during trading, an increase of 17% from the previous session’s volume of 367 shares.The stock last traded at $20.01 and had previously closed at $22.55.
MAX Auto Industry 3x Leveraged ETN Price Performance
The stock has a market capitalization of $15.27 billion, a PE ratio of 11.29 and a beta of 4.69. The business’s fifty day moving average price is $28.63 and its two-hundred day moving average price is $26.60.
MAX Auto Industry 3x Leveraged ETN Company Profile
The MAX Auto Industry 3X Leveraged ETN (CARU) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
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