MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 55,057 shares changed hands during mid-day trading, a decline of 42% from the previous session’s volume of 94,328 shares.The stock last traded at $19.51 and had previously closed at $19.36.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The stock has a market cap of $14.59 billion, a P/E ratio of 34.87 and a beta of -4.76. The stock’s 50-day moving average is $21.69 and its two-hundred day moving average is $27.50.
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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