MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) shares traded down 5.4% during trading on Wednesday . The company traded as low as $21.50 and last traded at $21.50. 81,747 shares traded hands during trading, a decline of 21% from the average session volume of 103,782 shares. The stock had previously closed at $22.73.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The stock’s 50-day moving average is $21.19 and its 200-day moving average is $24.14.
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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