MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZ) Shares Gap Down – Should You Sell?

MicroSectors FANG & Innovation 3x Leveraged ETN (NYSEARCA:BULZGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $166.03, but opened at $160.17. MicroSectors FANG & Innovation 3x Leveraged ETN shares last traded at $160.18, with a volume of 29,238 shares trading hands.

MicroSectors FANG & Innovation 3x Leveraged ETN Stock Down 6.9 %

The company has a market capitalization of $112.71 billion, a PE ratio of 83.95 and a beta of 4.73. The stock’s 50 day moving average is $143.71 and its two-hundred day moving average is $141.59.

MicroSectors FANG & Innovation 3x Leveraged ETN Company Profile

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The MicroSectors Solactive FANG & Innovation 3X Leveraged ETN (BULZ) 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. BULZ was launched on Aug 20, 2021 and is issued by REX Microsectors.

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