MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Here’s What Happened

Shares of MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $37.10, but opened at $34.49. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $34.7150, with a volume of 128,518 shares traded.

MicroSectors FANG & Innovation 3x Leveraged ETN Trading Down 0.6%

The business has a 50-day moving average of $39.82 and a two-hundred day moving average of $38.00. The firm has a market cap of $2.75 billion, a P/E ratio of 37.09 and a beta of 5.02.

About MicroSectors FANG & Innovation 3x Leveraged ETN

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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