MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Stock Price Up 2.7% – Should You Buy?

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) shares traded up 2.7% during trading on Monday . The stock traded as high as $17.15 and last traded at $17.15. 49,594 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 103,559 shares. The stock had previously closed at $16.70.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Up 6.4 %

The stock’s 50-day moving average is $19.28 and its 200-day moving average is $22.30. The stock has a market cap of $12.95 billion, a P/E ratio of 34.87 and a beta of -4.76.

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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