MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) was up 5.5% on Thursday . The stock traded as high as $12.73 and last traded at $13.30. Approximately 10,805 shares changed hands during trading, a decline of 93% from the average daily volume of 153,422 shares. The stock had previously closed at $12.60.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The company has a market cap of $9.74 billion, a P/E ratio of 14.84 and a beta of -4.76. The business’s 50 day moving average price is $12.10 and its 200-day moving average price is $15.29.
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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