ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (NYSEARCA:MTUL – Get Free Report)’s share price rose 1.8% on Friday . The company traded as high as $30.25 and last traded at $30.25. Approximately 18 shares changed hands during trading, a decline of 97% from the average daily volume of 615 shares. The stock had previously closed at $29.71.
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN Stock Up 1.8 %
The company has a 50 day moving average of $26.95 and a 200-day moving average of $26.51.
About ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN
The ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (MTUL) is an exchange-traded fund that is based on the MSCI USA Momentum index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted based on momentum. MTUL was launched on Feb 5, 2021 and is issued by ETRACS.
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