MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Trading 4.3% Higher – Still a Buy?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s stock price traded up 4.3% on Wednesday . The company traded as high as $183.57 and last traded at $183.57. 18,013 shares were traded during trading, a decline of 87% from the average session volume of 137,735 shares. The stock had previously closed at $175.97.

MicroSectors FANG & Innovation 3x Leveraged ETN Price Performance

The stock has a market cap of $131.91 billion, a PE ratio of 83.95 and a beta of 4.73. The stock has a 50-day simple moving average of $158.46 and a 200-day simple moving average of $147.53.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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