Shares of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $24.70, but opened at $23.60. MicroSectors FANG & Innovation -3x Inverse Leveraged ETN shares last traded at $24.47, with a volume of 114,389 shares changing hands.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Down 4.5 %

The company has a 50-day moving average of $27.44 and a 200-day moving average of $34.62. The company has a market cap of $17.57 billion, a PE ratio of 34.87 and a beta of -4.76.

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Company Profile

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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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