ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFL) Shares Up 4.6%

ETRACS 2x Leveraged US Growth Factor TR ETN (NYSEARCA:IWFLGet Free Report)’s share price rose 4.6% during mid-day trading on Wednesday . The stock traded as high as $39.63 and last traded at $39.63. Approximately 54 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 564 shares. The stock had previously closed at $37.89.

ETRACS 2x Leveraged US Growth Factor TR ETN Stock Up 4.6 %

The firm has a fifty day simple moving average of $39.70 and a 200-day simple moving average of $37.76.

About ETRACS 2x Leveraged US Growth Factor TR ETN

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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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