MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Trading 4.4% Higher – Here’s What Happened

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report)’s share price traded up 4.4% on Tuesday . The company traded as high as $13.95 and last traded at $13.88. 175,157 shares were traded during trading, an increase of 66% from the average session volume of 105,348 shares. The stock had previously closed at $13.30.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 2.5 %

The firm has a market cap of $9.94 billion, a P/E ratio of 34.87 and a beta of -4.76. The business’s fifty day moving average price is $18.03 and its two-hundred day moving average price is $20.99.

About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

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The MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) is an exchange-traded fund that is based on the Solactive FANG Innovation index. The fund tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies. BERZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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