Shares of ETRACS 2x Leveraged US Size Factor TR ETN (NYSEARCA:IWML – Get Free Report) were up 3.7% during mid-day trading on Monday . The stock traded as high as $18.20 and last traded at $18.00. Approximately 3,622 shares traded hands during trading, an increase of 23% from the average daily volume of 2,938 shares. The stock had previously closed at $17.35.
ETRACS 2x Leveraged US Size Factor TR ETN Stock Performance
The firm’s 50 day moving average price is $20.90 and its 200-day moving average price is $21.81.
About ETRACS 2x Leveraged US Size Factor TR ETN
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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