MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ) Sets New 52-Week Low – Here’s Why

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZGet Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $15.20 and last traded at $15.20, with a volume of 21075 shares traded. The stock had previously closed at $16.53.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Trading Down 0.7 %

The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The stock has a fifty day moving average of $18.16 and a two-hundred day moving average of $21.25.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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