MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s stock price traded down 6.1% during mid-day trading on Wednesday . The stock traded as low as $13.72 and last traded at $13.75. 107,781 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 161,623 shares. The stock had previously closed at $14.64.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $10.08 billion, a P/E ratio of 14.84 and a beta of -4.76. The business has a 50 day moving average price of $12.20 and a 200 day moving average price of $15.11.
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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