ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Shares Up 4.6%

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report) shares shot up 4.6% during mid-day trading on Wednesday . The stock traded as high as $39.63 and last traded at $39.63. 54 shares were traded during trading, a decline of 90% from the average session volume of 564 shares. The stock had previously closed at $37.89.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance

The firm has a 50 day moving average price of $39.70 and a 200-day moving average price of $37.76.

ETRACS 2x Leveraged US Growth Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.

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