Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $16.71, but opened at $17.10. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $17.03, with a volume of 23,509 shares changing hands.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The firm’s 50-day moving average price is $20.86 and its two-hundred day moving average price is $22.91. The stock has a market cap of $12.35 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76.
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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