ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (NYSEARCA:USML) Stock Price Up 1.9% – Should You Buy?

Shares of ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (NYSEARCA:USMLGet Free Report) rose 1.9% during trading on Tuesday . The company traded as high as $40.29 and last traded at $40.29. Approximately 13 shares changed hands during trading, a decline of 96% from the average daily volume of 329 shares. The stock had previously closed at $39.56.

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN Stock Up 0.6 %

The company has a 50 day moving average of $40.75 and a 200 day moving average of $37.37.

About ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

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The ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (USML) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility index. The fund provides 2x leveraged exposure to an index of US large- and mid-cap securities selected and weighted to create a low-volatility portfolio, subject to various constraints.

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