MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) shares were down 7.7% during trading on Tuesday . The company traded as low as $16.02 and last traded at $15.80. Approximately 189,413 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 170,013 shares. The stock had previously closed at $17.12.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $11.76 billion, a PE ratio of 14.84 and a beta of -4.76. The firm has a 50-day moving average price of $12.60 and a 200-day moving average price of $14.98.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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