Shares of ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report) traded up 0.3% during trading on Thursday . The company traded as high as $49.00 and last traded at $49.00. 51 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 170 shares. The stock had previously closed at $48.85.
ETRACS 2x Leveraged US Growth Factor TR ETN Price Performance
The business’s 50-day moving average is $48.67 and its two-hundred day moving average is $43.74.
About ETRACS 2x Leveraged US Growth Factor TR ETN
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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