MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGD) Shares Gap Down to $170.47

Shares of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $170.47, but opened at $165.84. MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN shares last traded at $165.28, with a volume of 1,642 shares traded.

MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN Price Performance

The firm has a 50 day moving average of $163.62 and a two-hundred day moving average of $186.52. The stock has a market cap of $120.53 billion and a PE ratio of 2.48.

Institutional Investors Weigh In On MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN

A hedge fund recently raised its stake in MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN stock. Wellspring Financial Advisors LLC boosted its position in shares of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NYSEARCA:NRGDFree Report) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,025 shares of the company’s stock after buying an additional 87 shares during the period. Wellspring Financial Advisors LLC owned 10.13% of MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN worth $465,000 as of its most recent SEC filing.

About MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN

(Get Free Report)

The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.

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