MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (NYSEARCA:BERZ – Get Free Report) dropped 3.4% during mid-day trading on Friday . The company traded as low as $24.35 and last traded at $24.35. Approximately 41,684 shares were traded during trading, a decline of 49% from the average daily volume of 82,240 shares. The stock had previously closed at $25.22.
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $17.57 billion, a PE ratio of 34.87 and a beta of -4.76. The company’s 50-day moving average price is $27.44 and its 200 day moving average price is $34.45.
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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