MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report)’s share price traded up 2.7% during mid-day trading on Monday . The stock traded as high as $17.15 and last traded at $17.15. 49,594 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 103,559 shares. The stock had previously closed at $16.70.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Price Performance
The stock has a market capitalization of $12.95 billion, a price-to-earnings ratio of 34.87 and a beta of -4.76. The stock has a 50-day moving average of $19.28 and a 200 day moving average of $22.30.
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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