ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (NYSEARCA:USML – Get Free Report) rose 1.3% on Friday . The company traded as high as $41.53 and last traded at $41.53. Approximately 18 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 347 shares. The stock had previously closed at $40.97.
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Price Performance
The company’s 50-day simple moving average is $39.78 and its 200-day simple moving average is $36.43.
About ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN
The ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted to create a low-volatility portfolio, subject to various constraints.
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