Shares of iPath S&P 500 Dynamic VIX ETN (NYSEARCA:XVZ – Get Free Report) rose 0.3% during mid-day trading on Friday . The stock traded as high as $38.70 and last traded at $38.38. Approximately 1,700 shares traded hands during trading, a decline of 51% from the average daily volume of 3,476 shares. The stock had previously closed at $38.28.
iPath S&P 500 Dynamic VIX ETN Stock Performance
The company’s 50 day moving average price is $38.38 and its 200-day moving average price is $38.38.
About iPath S&P 500 Dynamic VIX ETN
The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.
See Also
- Five stocks we like better than iPath S&P 500 Dynamic VIX ETN
- What is the Shanghai Stock Exchange Composite Index?
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
- What Are Trending Stocks? Trending Stocks Explained
- Warren Buffett’s Recent Stock Moves: Top Buys and Sells to Watch
- What Are Dividends? Buy the Best Dividend Stocks
- Sea Limited’s E-Commerce and Fintech Strength Fuel Stock Surge
Receive News & Ratings for iPath S&P 500 Dynamic VIX ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPath S&P 500 Dynamic VIX ETN and related companies with MarketBeat.com's FREE daily email newsletter.
