MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $30.31, but opened at $28.77. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $29.11, with a volume of 86,348 shares.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 6.0 %
The company’s 50 day moving average price is $27.93 and its 200 day moving average price is $39.39. The firm has a market capitalization of $20.78 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.
About MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
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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