MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price fell 3.3% during trading on Wednesday . The stock traded as low as $15.41 and last traded at $15.22. 66,549 shares traded hands during trading, a decline of 50% from the average session volume of 131,831 shares. The stock had previously closed at $15.75.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The company has a market cap of $16.29 billion, a price-to-earnings ratio of 46.28 and a beta of -4.76. The company’s 50-day simple moving average is $13.22 and its 200-day simple moving average is $14.28.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile
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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