ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML) Trading Up 3.7% – What’s Next?

ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWMLGet Free Report)’s stock price traded up 3.7% during trading on Monday . The stock traded as high as $18.20 and last traded at $18.00. 3,622 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 2,938 shares. The stock had previously closed at $17.35.

ETRACS 2x Leveraged US Size Factor TR ETN Price Performance

The company’s 50 day simple moving average is $20.90 and its 200 day simple moving average is $21.81.

ETRACS 2x Leveraged US Size Factor TR ETN Company Profile

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The ETRACS 2x Leveraged US Size Factor TR ETN (IWML) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. IWML was launched on Feb 5, 2021 and is issued by ETRACS.

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