ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL – Get Free Report) shares fell 4.4% during mid-day trading on Friday . The stock traded as low as $48.69 and last traded at $48.69. 169 shares traded hands during trading, a decline of 68% from the average session volume of 520 shares. The stock had previously closed at $50.93.
ETRACS 2x Leveraged US Growth Factor TR ETN Stock Performance
The business’s fifty day moving average price is $49.99 and its 200-day moving average price is $45.70.
About ETRACS 2x Leveraged US Growth Factor TR ETN
The ETRACS 2x Leveraged US Growth Factor TR ETN (IWFL) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap growth companies. IWFL was launched on Feb 5, 2021 and is issued by ETRACS.
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