MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.65 and last traded at $11.65, with a volume of 12068 shares changing hands. The stock had previously closed at $11.93.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 3.2 %
The company has a market cap of $8.42 billion, a PE ratio of 34.87 and a beta of -4.76. The firm’s fifty day simple moving average is $15.05 and its 200-day simple moving average is $18.80.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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